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Fly News Breaks for March 7, 2017
SIMO
Mar 7, 2017 | 11:09 EDT
As previously reported, Standpoint Research upgraded Silicon Motion to Buy from Hold with a $55 price target. Analyst Ronnie Moas believes the the selloff in shares is overdone and is optimistic regarding new markets and opportunities for the company looking out 18-36 months.
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