Oscar Gruss Downgrades Emulex (ELX) to Hold; Valuation Call

September 30, 2009 12:03 PM EDT

Oscar Gruss downgrades Emulex (NYSE: ELX) from Buy to Hold. Price target $11.

Oscar analyst sees limited upside after recent run-up in share price.

To see more analyst ratings on ELX Click Here.

Emulex Corporation engages in the design, development, and supply of storage networking infrastructure solutions that connect storage, servers, and networks.


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