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Fly News Breaks for February 7, 2018
MTSI
Feb 7, 2018 | 07:57 EDT
Barclays analyst Blayne Curtis downgraded Macom to Equal Weight and cut his price target for the shares to $26 from $40. The analyst calls the gross margin weakness in last night's quarter the "final straw." He is stepping to the sidelines pending "concrete proof" that the business is back on track.
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