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Fly News Breaks for February 27, 2020
Feb 27, 2020 | 06:36 EDT
Citi analyst Amanda Scarnati says MKS Instruments remains the firm's top SMID equipment pick despite a reduction in estimates to account for supply chain disruptions from COVID-19. The company's "strong" exposure to the memory market should drive outperformance in 2020 once the supply chain fully resumes post COVID-19, Scarnati tells investors in a research note. The analyst keeps a Buy rating on the shares with a $130 price target.
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