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Deutsche Bank upgraded Hollysys Automation Technologies (NASDAQ: HOLI) from Hold to Buy with a price target of $20. Analyst Sky Hong thinks earnings will revert to positive growth.
"HOLI's share price has corrected by 10% over the past three months (-6% after market close post the... More
Hollysys Automation (NASDAQ: HOLI) reported Q2 EPS of $0.56, $0.07 better than the analyst estimate of $0.49. Revenue for the quarter came in at $99.1 million versus the consensus estimate of $122.19 million.
GUIDANCE:
Hollysys Automation sees FY2017 revenue of $480-520 million, versus the consensus of... More

