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Fly News Breaks for January 3, 2020
Jan 3, 2020 | 05:50 EDT
Goldman Sachs analyst Mark Delaney downgraded Flex to Buy from Conviction Buy with a price target of $14, up from $13, citing valuation. The analyst continues to expect Flex to improve margins and increase earnings over time and sees positive catalysts in 2020 that could include analyst day and a pick-up in the semi equipment business.
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