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Fly News Breaks for February 16, 2017
SONS
Feb 16, 2017 | 07:08 EDT
DA Davidson analyst Mark Kelleher downgraded Sonus Networks to Neutral citing the "weak" service provider spending environment over the next few quarters as well as the company's dependence on a large customer in the second half of the year. The analyst cut his price target for the shares to $6.50 from $8 following the company's Q4 results.
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