Jefferies Starts Altera (ALTR) at Buy

July 19, 2011 7:33 AM EDT
Get Alerts ALTR Hot Sheet
Price: $111.85 --0%

Rating Summary:
    4 Buy, 8 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 3 | Down: 7 | New: 15
Join SI Premium – FREE
Jefferies initiates coverage on Altera (NASDAQ: ALTR) with a Buy rating and $52 price target.

The firm cited: "1) Higher FPGA content in 3G and LTE, 2) 40nm share gains vs. XLNX."

For more ratings news on Altera click here and for the rating history of Altera click here.

Shares of Altera closed at $42.55 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

New Coverage

Related Entities

Jefferies & Co