Fly News Breaks for July 12, 2019
Jul 12, 2019 | 08:45 EDT
Lake Street analyst Jaeson Schmidt lowered his price target for Emcore to $5 from $6 following last night's negative preannouncement. The analyst, while disappointed in the company's recent execution, still thinks the opportunity in its navigation business remains. Therefore, he keeps a Buy rating on the shares.
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