Benchmark Reiterates Buy and PT of $45 on Netlogic Microsystems

Benchmark reiterated its Buy rating on Netlogic Microsystems (NASDAQ: NETL). At the same time, Benchmark left its price target on the company's stock unchanged at $45. On Thursday, Netlogic added 0.42% to its value to end the day at $40.42. Its shares lost all of yesterday's gains in today's pre-market trading, however, sliding 0.42% to $40.25.