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Fly News Breaks for February 3, 2016
NPTN
Feb 3, 2016 | 07:43 EDT
Raymond James upgraded NeoPhotonics to Strong Buy from Outperform with an $11 price target on shares. The firm's checks indicate near-term strength is being driven by Chinese demand and broadening adoption of 100G optical into the metro providing the balance of 2016 growth.
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