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Fly News Breaks for September 8, 2017
RSYS
Sep 8, 2017 | 08:45 EDT
DA Davidson analyst Thomas Diffely says that the amended credit agreement made by RadiSys lowers the chances that it will violate its covenant. As a result, the analyst thinks that the agreement "should ease a significant investor concern." He thinks that the company is on track to return to profitability and calls the recent decline in its stock "overdone." Diffely reiterates a $3.50 price target and a Buy rating on the shares.
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