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Fly News Breaks for August 25, 2016
PCMI
Aug 25, 2016 | 08:29 EDT
Roth Capital analyst William Gibson downgraded PCM, Inc. to Neutral from Buy due to significant price appreciation. The analyst continues to like the company's business and prospects. Further, Gibson notes that PCM, Inc. transformed itself into an information technologies powerhouse over the past three years, investing in advanced technologies, engineering resources and a revamped sales force. The analyst raised his price target on the shares to $20.50 from $16.
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