Jefferies Downgrades Mellanox Technologies (MLNX) to Hold Amid Pending Acqusition
Get Alerts MLNX Hot Sheet
Price: $124.89 --0%
Rating Summary:
17 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 13 | New: 18
Rating Summary:
17 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 13 | New: 18
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Jefferies analyst George Notter downgraded Mellanox Technologies (NASDAQ: MLNX) from Buy to Hold with a price target of $125.00 (from $130.00) amid the pending acquisition by NVIDIA.
For an analyst ratings summary and ratings history on Mellanox Technologies click here. For more ratings news on Mellanox Technologies click here.
Shares of Mellanox Technologies closed at $117.74 yesterday.
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