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Fly News Breaks for July 14, 2016
MTSI
Jul 14, 2016 | 08:11 EDT
Craig-Hallum analyst Richard Shannon said MACOM shares are now trading at a level not seen in more than two years despite growth drivers of optical comms, base station, and active antenna radar business that could double the size of the company over the next few years. Shannon highlighted MACOM as a top pick and reiterated his Buy rating and $52 price target.
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