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Fly News Breaks for September 22, 2017
SIMO
Sep 22, 2017 | 08:12 EDT
After meeting with Silicon Motion's head of IR, Needham analyst Rajvindra S. Gill says that the company's "current weakness will be short lived." The analyst expects the company's 2018 results to be boosted by improved 3D NAND yields. He recommends buying the stock at current levels.