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Fly News Breaks for February 23, 2018
XCRA
Feb 23, 2018 | 14:30 EDT
As previously reported, Craig-Hallum analyst Christian Schwab upgraded Xcerra to Buy from Hold following the termination of the company's merger agreement with Hubei Xinyan. Xcerra continues seeing strong trends in all of its end markets and its management plans to use the company's strong balance sheet on the M&A front, said Schwab, who raised his price target on the stock to $15 from $10.25.
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