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Fly News Breaks for January 16, 2020
MXIM
Jan 16, 2020 | 09:13 EDT
Barclays analyst Blayne Curtis downgraded Maxim Integrated Products to Underweight from Equal Weight with an unchanged price target of $60. The company lacks growth drivers, is overly levered to Industrial Automation which is unlikely to recover, and trades at a premium to Analog peers, Curtis tells investors in a research note.
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