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Fly News Breaks for February 5, 2016
PXLW
Feb 5, 2016 | 08:46 EDT
Lake Street analyst Jaeson Schmidt downgraded Pixelworks to Hold saying the mobile revenue ramp is unlikely to offset weakness in the other businesses. The analyst sees a lack of catalysts in the near-term and cut his price target for the stock to $2.50 from $5.
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