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Fly News Breaks for January 30, 2017
MSCC
Jan 30, 2017 | 07:57 EDT
RBC Capital analyst Mitch Steves is more upbeat on Microsemi's Aerospace and Defense unit, given GOP dominance in Washington. The analyst expects the company to benefit more from higher defense spending than any other name he covers. Steves raised his price target on the shares to $64 from $56 and keeps a Top Pick rating on the stock.
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