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Fly News Breaks for January 26, 2018
MSCC
Jan 26, 2018 | 05:43 EDT
KeyBanc analyst Michael McConnell raised his price target for Microsemi to $70 following the company's Q1 results. A rebound in Communications drove a higher revenue outlook, McConnell tells investors in a research note. He remains optimistic on data center growth in fiscal Q3 and a buyer of the stock with an Overweight rating.
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