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Fly News Breaks for October 1, 2015
Oct 1, 2015 | 08:21 EDT
Summit Research analyst Srini Nandury says this morning's Q3 guidance from Mellanox (MLNX) will assure investors that the story is still intact. The stock sold off yesterday following the EZchip (EZCH) acquisition on the fears that the company might have fallen short of expectations on the revenue side, Nandury tells investors in a research note. He reiterates a Buy rating on Mellanox with a $65 price target.
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