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Fly News Breaks for November 16, 2015
VMEM
Nov 16, 2015 | 07:38 EDT
Maxim downgraded Violin Memory to Hold and lowered its price target to $2 from $6 on shares. Analyst Nehal Chokshi believes potential suitors for the company have moved on and channel checks indicate that the ramp from direct or indirect sales will not occur until the second half of 2016.
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