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Stock Market & Financial Investment News

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August 12, 2014
08:04 EDTAMCCApplied Micro Circuits downgraded to Market Perform at FBR Capital
FBR Capital downgraded Applied Micro Circuits to Market Perform from Outperform citing weakness in the company's core business. The firm also believes consensus estimates for X-Gene's revenue contribution are too optimistic. FBR lowered its price target for shares to $10 from $11.
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