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Fly News Breaks for March 28, 2018
SIMO
Mar 28, 2018 | 06:21 EDT
JPMorgan analyst Gokul Hariharan started Silicon Motion with an Overweight rating and $60 price target. The company is a pure play linked to growth in NAND units and NAND Flash is the most price elastic product in semis, Hariharan tells investors in a research note. He sees the company's growth accelerating in 2018 and beyond.
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