MagnaChip Reports First Quarter 2015 Financial Results

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Topeka Capital Upgrades Magnachip Semiconductor (MX) to Buy

May 29, 2015 8:17 AM EDT

Topeka Capital upgraded Magnachip Semiconductor (NYSE: MX) from Hold to Buy with a price target of $9.00.

For an analyst ratings summary and ratings history on Magnachip Semiconductor click here. For more ratings news on Magnachip Semiconductor click here.

Shares of Magnachip Semiconductor closed at $6.39 yesterday.

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MagnaChip (MX) Tops Q1 EPS by 10c; Appoints New CEO

May 28, 2015 4:16 PM EDT

MagnaChip (NYSE: MX) reported Q1 EPS of ($0.28), $0.10 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $164.9 million versus the consensus estimate of $179.55 million.

The Company also announced the appointment of YJ Kim, a semiconductor industry veteran, as Chief Executive... More