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Fly News Breaks for June 27, 2016
MTSI
Jun 27, 2016 | 08:00 EDT
As previously reported, BofA/Merrill downgraded MACOM to Neutral from Buy and lowered its price target to $38 from $47. Analysts led by Vivek Arya lowered Analog estimates to reflect the Brexit fallout, macro uncertainty, and low levels of free cash flow.
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