Sigma Designs (SIGM): Cutting PT On Weak Guidance - Baird
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Needham & Company Reiterates Buy on Sigma Designs (SIGM) Following Solid 2Q Report
September 7, 2016 6:52 AM EDTNeedham & Company reiterated a Buy rating and $13.00 price target on Sigma Designs (NASDAQ: SIGM) following the company's 2Q earnings report. SIGM reported sales of $61.3MM, in-line with $61.0MM estimates. NG EPS was $0.07, above $0.01 estimates, driven by stronger than expected NG GM. NG GM came in at... More
