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Fly News Breaks for October 4, 2018
MU, RTEC
Oct 4, 2018 | 09:05 EDT
B. Riley FBR analyst Craig Ellis lowered his price target for Rudolph Technologies (RTEC) to $30 after the company reduced its outlook for Q3. The lowered outlook reflects two separate customer pushouts, which the analyst believes are Global Foundries and Micron Technology (MU). The analyst keeps a Buy rating on Rudolph Technologies.