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Fly News Breaks for August 1, 2017
SIMO
Aug 1, 2017 | 11:38 EDT
Roth Capital analyst Suji Desilva lowered his price target for Silicon Motion to $55 from $60 to reflect near-term impact of NAND supply tightness. Nonetheless, the analyst reiterates a Buy rating on the shares as he still expects a late-2H17 recovery.
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