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Fly News Breaks for August 2, 2017
SIMO
Aug 2, 2017 | 09:00 EDT
Craig-Hallum analyst Anthony Stoss lowered his price target for Silicon Motion to $60 from $67 but reiterated a Buy rating on the stock. The analyst says Silicon Motion remains one of his top picks as short-term headwinds that have kept investors to the sidelines are set to end in Q4.