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UPDATE: Jefferies Raises PT on Analog Devices Following EPS Beat
Wednesday, August 21, 2013 - 10:27am | 119In a report published Wednesday, Jefferies analyst Mark Lipacis reiterated a Buy rating on Analog Devices (NASDAQ: ADI), and raised the price target from $56.00 to $57.00. In the report, Jefferies noted, “JulQ EPS beat by $0.05 on inline revs due to lower taxes. The outlook for OctQ revs of $688m...
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UPDATE: Jefferies Raises PT on Xilinx Following Revenue/Earnings Beat
Friday, July 19, 2013 - 8:55am | 108In a report published Friday, Jefferies analyst Mark Lipacis reiterated a Hold rating on Xilinx (NASDAQ: XLNX), and raised the price target from $37.00 to $47.00. In the report, Jefferies noted, “After posting a 9% revenue and a 19% earnings beat in the JulQ-13, we increase our price target but...
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UPDATE: Jefferies Downgrades Avago in Late Innings of Cycle
Thursday, July 11, 2013 - 10:09am | 131In a report published Thursday, Jefferies analyst Mark Lipacis downgraded the rating on Avago (NASDAQ: AVGO) from Buy to Hold, but reiterated the $42.00 price target. In the report, Jefferies noted, “We believe that semis have entered the late innings of the cycle, and move to a Hold rating on...
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UPDATE: Jefferies Upgrades Linear Technology Corporation on Late Innings Play
Thursday, July 11, 2013 - 10:04am | 126In a report published Thursday, Jefferies analyst Mark Lipacis upgraded the rating on Linear Technology Corporation (NASDAQ: LLTC) from Hold to Buy, and raised the price target from $38.00 to $44.00. In the report, Jefferies noted, “We believe that semis have entered the late innings of the...
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UPDATE: Jefferies Downgrades ON Semiconductor in Late Innings of Cycle
Thursday, July 11, 2013 - 10:02am | 134In a report published Thursday, Jefferies analyst Mark Lipacis downgraded the rating on ON Semiconductor (NASDAQ: ONNN) from Buy to Hold, and lowered the price target from $10.00 to $8.50. In the report, Jefferies noted, “We believe that semis have entered the late innings of the cycle, and...
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UPDATE: Jefferies Upgrades Analog Devices on Late Innings Play
Thursday, July 11, 2013 - 9:41am | 129In a report published Thursday, Jefferies analyst Mark Lipacis upgraded Analog Devices (NASDAQ: ADI) from Hold to Buy, and raised the price target from $50.00 to $56.00. In the report, Jefferies noted, “We believe that semis have entered the late innings of the cycle, and move to a Buy rating...
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UPDATE: Jefferies Lowers PT on Analog Devices Following In-Line April Quarters, Weaker June Outlook
Wednesday, May 22, 2013 - 10:36am | 125In a report published Wednesday, Jefferies analyst Mark Lipacis reiterated a Hold rating on Analog Devices (NASDAQ: ADI), but slightly lowered the price target from $51.00 to $50.00. In the report, Jefferies noted, “ADI's AprQ was in-line , but the JulQ outlook was below expectations due...
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Overweight Rating For Broadcom (BRCM) Due To Improving Growth Margins
Wednesday, December 16, 2009 - 12:41pm | 170Morgan Stanley (NYSE: MS) raised the estimates for Broadcom (NYSE: BRCM) as the company raised its outlook for the 4Q09 revenue growth to 5%QoQ from 0% and the gross margins are to increase by 100 bps vs. the previous expectations for 20-50 bps. Morgan Stanley's Mark Lipacis said in a report that...