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Stock Market & Financial Investment News

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March 12, 2014
07:52 EDTMXMagnaChip downside risk is limited, says Susquehanna
Susquehanna believes the downside risk in MagnaChip following its announcement of insufficient accounting controls, is limited. The firm expects a more conservative recognition of revenue and so is using the opportunity to reduce estimates but maintaining its Positive rating. Susquehanna lowered its price target to $118 from $24.
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