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PDF Solutions price target lowered to $31 from $37 at Rosenblatt

Rosenblatt lowered the firm’s price target on PDF Solutions (PDFS) to $31 from $37 and keeps a Buy rating on the shares ahead of the Q1 report on May 8. The firm expects “healthy” growth in the Analytics revenue this quarter, weaker contribution from the Integrated Yield Ramp line and ongoing slowdown in China. The analyst adjusted estimates for the secureWISE acquisition and a more difficult macro environment.

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