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Fly News Breaks for July 5, 2017
TDY
Jul 5, 2017 | 09:45 EDT
Needham analyst James Ricchiuti upgraded Teledyne to Buy from Hold with a price target of $148 to reflect increased confidence in the company's digital imaging outlook. The analyst expects tTeledyne's Dalsa commercial imaging business and the recently acquired e2v business to post a strong quarter. He believes the digital imaging business could grow in the low teens in 2018.
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