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Fly News Breaks for February 4, 2019
MLNX
Feb 4, 2019 | 08:37 EDT
Jefferies analyst George Notter says he continues to like the risk/reward on shares of Mellanox Technologies. A multiple of 12 times earnings is "way-too-cheap" for a 20%-plus top and bottom line grower benefiting from "powerful" secular industry trends, Notter tells investors in a research note. He reiterates a Buy rating on the shares with a $130 price target after spending time with management.
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