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Fly News Breaks for October 3, 2016
NTGR
Oct 3, 2016 | 09:09 EDT
BWS Financial analyst Hamed Khorsand downgraded Netgear to Hold and lowered its price target to $60 from $64. The analyst said shares are up approximately 100% this year and are being valued as though there could be a continuous purchasing cycle for the latest products Netgear sells, which he does not believe to be the case.
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