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Stock Market & Financial Investment News

News Breaks
April 30, 2014
07:25 EDTRFMD, TQNTRF Micro Devices merger will lead to earnings power, says Brean Capital
Brean Capital raised its price target on RF Micro Devices (RFMD) following its Q1 earnings beat. The firm cited raised company guidance, continued gross margins expansion, synergies with its merger with TriQuint (TQNT), and a healthier industry backdrop. Shares are Buy rated and price target raised to $12 from $10.
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