Fairchild Semiconductor (FCS) Misses Q2 EPS by 8c; Issues Light Q3 Revenue Outlook

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FBR Capital Upgrades Fairchild Semi (FCS) to Outperform; Bar Reset

July 17, 2015 7:19 AM EDT

FBR Capital upgraded Fairchild Semi (NASDAQ: FCS) from Market Perform to Outperform with a price target of $20.00, saying the bar has been reset after a challenging quarter.

Analyst Christopher Rolland commented, "Fairchild reported worse-than-expected results and guidance, owing to weaker Samsung (déjà vu?) and Chinese appliance shipments. Also disappointing were 2Q15 gross... More

Fairchild Semiconductor (FCS) trading halted with news pending

July 16, 2015 7:26 AM EDT

Fairchild Semiconductor (NASDAQ: FCS) trading halted with news pending.

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