UPDATE: Ixia (XXIA) Tops Q1 EPS by 2c

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Ixia (XXIA) PT Bumped to $12 at Jefferies

May 6, 2015 8:46 AM EDT

Jefferies raised its price target on Ixia (NASDAQ: XXIA) to $12.00 (from $11.00) on solid Q1 results but maintained a Hold rating. Estimates were also cut.

Analyst James Kisner commented, "Ixia reported a solid Q1 results even while noting some disruption from customer consolidation activity.... More