BMO Capital Downgrades Altera (ALTR) to Market Perform
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Altera (ALTR) PT Trimmed to $33 at Northland Capital Markets
January 23, 2015 8:36 AM ESTNorthland Capital Markets analyst Gus Richard reiterated a Market Perform rating and cut his price target on Altera (NASDAQ: ALTR) to $33.00 (from $38.00) following in-line Q4 results.
Richard commented, "ALTR reported in-line revenue and weak gross margin; EPS beat by $0.02 on a lower... More
