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Fly News Breaks for August 4, 2015
TSRA
Aug 4, 2015 | 10:19 EDT
Craig-Hallum said Tessera reported a solid Q2, better than expected Q3 earnings guidance, and reiterated 2016 recurring revenues. The firm's analyst said management gave a very positive update on growth initiatives, and with aggressive buybacks and cheap valuation, reiterates its Buy rating.
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