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Fly News Breaks for April 27, 2016
STM
Apr 27, 2016 | 10:40 EDT
Craig-Hallum analyst Anthony Stoss upgraded STMicroelectronics to Buy from Hold and raised his price target for the shares to $8 from $7. The analyst says "the worst is over" as he believe Q1 marks the trough in 2016 revenues. He expects market conditions and fundamentals to improve in Q2.
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