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Stock Market & Financial Investment News

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August 22, 2014
13:19 EDTRFMDRF Micro Devices weakness a buying opportunity, says Brean Capital
Brean Capital attributes today's pullback in shares of RF Micro Devices to Coolpad's cautious commentary on its second half momentum due to increasing competition. The firm views the sell-off as a buying opportunity, saying RF Micro has factored in conservative expectations from China in its guidance. Brean reiterates a Buy rating on the stock with a $14 price target.
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