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Fly News Breaks for July 29, 2016
MSCC
Jul 29, 2016 | 07:51 EDT
After Microsemi reported beat and raise results, SunTrust analyst William Stein thinks that the company is entering a cycle in which its higher cash flows reduce its debt which in turn drives higher cash flows. Stein expects the company's revenue and margins to rise modestly going forward. He keeps a Buy rating.
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