Jefferies & Co Downgrades Altera (ALTR) to Underperform
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Jefferies & Co downgrades Altera (Nasdaq: ALTR) from Hold to Underperform, citing current valuation. Price target $17.
Altera Corporation designs, manufactures and markets programmable logic devices (PLDs), HardCopy structured application-specific integrated circuit (ASIC) devices, pre-defined design building blocks known as intellectual property cores (IP cores) and associated development tools.
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