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Skyworks Executive Transition 'Absolutely No Surprise'
Monday, May 16, 2016 - 11:21am | 265Read More...On May 12, Skyworks Solutions Inc (NASDAQ: SWKS) announced that Liam Griffin would move from being President to being the CEO of the company, while David Aldrich would go from CEO to Executive Chairman. B. Riley’s Craig A. Ellis maintained a Buy rating on the company, with a price target...
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Along The Street, Analog Devices Garners Lowered PTs But Maintains Buy Rating
Friday, January 15, 2016 - 2:46pm | 331Read More...Following a new 52-week low on Thursday and a lackluster close up 0.8 percent at $47.28, Analog Devices, Inc. (NASDAQ: ADI) received analysts' attention on Friday via a series of reports. B. Riley: Maintain Buy, PT Lowered To $60 Analyst Craig A. Ellis at B. Riley maintained a Buy rating with a 24...
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These Analysts Are Selling Marvell
Tuesday, October 27, 2015 - 10:20am | 535Read More...Marvell Technology Group Ltd. (NASDAQ: MRVL) shares have declined 45.4 percent year-to-date, with a 16 percent decline over the past trading day. UBS’ Stephen Chin has downgraded the rating on the company from Neutral to Sell, while lowering the price target from $9.10 to $6.00. Craig...
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Street Downgrading SanDisk After Western Digital Buyout
Thursday, October 22, 2015 - 8:36am | 531Read More...SanDisk Corporation (NASDAQ: SNDK) shares are down 23 percent year-to-date, despite making a recovery past the $70 mark through October. Morgan Stanley and B. Riley downgraded their ratings on the company, while raising their price targets. SanDisk has inked an agreement to sell the...
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No New EPIX Deal For Netflix. Will Hulu Step In?
Monday, August 31, 2015 - 10:51am | 429Read More...Lions Gate Entertainment Corp. (USA) (NYSE: LGF) shares are up 16 percent year-to-date, despite having lost 5 percent over the past month. B. Riley’s Craig A. Ellis maintained a Buy rating on the company, with a price target of $45. Ellis said that a ramp in other opportunities...
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B. Riley Upgrades SanDisk To Buy Following Q2 Results
Thursday, July 23, 2015 - 7:09am | 278Read More...In a report published Thursday, B. Riley analyst Craig A. Ellis upgraded the rating on SanDisk Corporation (NASDAQ: SNDK) from Neutral to Buy, while raising the price target from $60 to $75. Although shares rose following the company's Q2 outperformance, the analyst believes that there could...
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Broadcom-Avago...The Day After
Thursday, May 28, 2015 - 2:13pm | 728Read More...Broadcom Corporation (NASDAQ: BRCM) soared over 20 percent Wednesday following news its would be acquired by Avago Technologies Ltd (NASDAQ: AVGO) in a $37 billion dollar deal; the deal was confirmed Thursday morning. On Thursday, Avago traded at $140.30, down 0.84 percent while Broadcom fell 2...
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UPDATE: B. Riley & Co. Downgrades Intel on Move to Sidelines
Wednesday, April 16, 2014 - 8:41am | 186Read More...In a report published Wednesday, B. Riley & Co. analyst Craig A. Ellis downgraded the rating on Intel (NASDAQ: INTC) from Buy to Neutral, but raised the price target from $28.50 to $29.00. In the report, B. Riley & Co. noted, “Revenues were slightly below/in-line with the Street's $12.76B...
