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Fly News Breaks for May 29, 2018
RMBS
May 29, 2018 | 07:41 EDT
Credit Suisse analyst Farhan Ahmad started Rambus with a Neutral rating and $16 price target. The company is transitioning from an IP licensing company to a diverse product and technology company, but the analyst believe that the transformation will take time and will lead to lower margins as it invests to ramp its subscale businesses.
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