Vitesse Semiconductor (VTSS) Tops Q4 EPS by 3c

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Vitesse Semiconductor (VTSS) PT Raised to $5 at Needham & Company

December 5, 2014 8:57 AM EST

Needham & Company analyst N. Quinn Bolton reiterated a Buy rating and boosted his price target on Vitesse Semiconductor (NASDAQ: VTSS) to $5.00 (from $3.90) following better-than-expected Q3 results.

Bolton commented, "Vitesse reported better than expected F3Q14 results but guided F4Q14 slightly below consensus... More