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Analyst Sees Ambarella Growth Fueled By GoPro
Friday, May 29, 2015 - 3:02pm | 295Ambarella Inc (NASDAQ: AMBA)'s blistering revenue growth continues to draw strength from its key customer GoPro Inc (NASDAQ: GPRO), an analyst said Friday. Ambarella, which provides chips for video devices and does about 35 percent of its business with GoPro, is slated to post earnings...
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Barrington Initiates Coverage On InvenSense Amid Design Wins With Apple, Samsung And Xiaomi
Monday, February 23, 2015 - 12:08pm | 196On Monday, analysts at Barrington Research initiated coverage on shares of InvenSense Inc (NYSE: INVN) with an Outperform investment rating and $20 price target. Ted Moreau Jr. finds the company is gaining market share in the Micro-electro-mechanical Systems space amid design wins with...
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Barrington Research Upgrades Rudolph Technologies As Front End Picks Up Steam
Tuesday, January 20, 2015 - 10:23am | 145In a report published Tuesday, Barrington Research analyst Ted Moreau Jr. upgraded the rating on Rudolph Technologies Inc (NYSE: RTEC) from Market Perform to Outperform, and named a $12.50 price target. In the report, Barrington Research noted, “Ahead of Q4/14 earnings report on Monday, February 2...
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UPDATE: Barrington Research Raises Price Target On Ambarella On CES Wrap Up
Monday, January 12, 2015 - 9:01am | 86In a report published Monday, Barrington Research analyst Ted Moreau Jr. reiterated an Outperform rating on Ambarella (NASDAQ: AMBA), and raised the price target from $55.00 to $65.00. In the report, Barrington Research noted, “At CES, we toured Ambarella's product demos and met up with CEO, Fermi...
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Barrington Research Remains Cautious On II-VI
Wednesday, October 29, 2014 - 7:56am | 133In a report published Wednesday, Barrington Research analyst Ted Moreau Jr. reiterated a Market Perform rating on II-VI (NASDAQ: IIVI). In the report, Barrington Research noted, “II‐VI guided FQ2 revenue to $172‐180 million, down 5.3% sequentially at the midpoint and below our $178.6 million...
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UPDATE: Barrington Research Downgrades Ultratech As FinFET Delays Continue
Friday, October 24, 2014 - 9:14am | 133In a report published Friday, Barrington Research analyst Ted Moreau Jr. downgraded the rating on Ultratech (NASDAQ: UTEK) from Outperform to Market Perform, but removed the $30.00 price target. In the report, Barrington Research noted, “Ultratech reported Q3 revenue of $33.8 million, below our $47...
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UPDATE: Barrington Research Upgrades Ultratech On Increased Confidence
Tuesday, September 2, 2014 - 11:09am | 143In a report published Tuesday, Barrington Research analyst Ted Moreau Jr. upgraded the rating on Ultratech (NASDAQ: UTEK) from Market Perform to Outperform, and named a $30.00 price target. In the report, Barrington Research noted, “Our checks are giving us increased confidence in Ultratech's...