QLogic Reports First Quarter Results for Fiscal Year 2016

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Go back to QLogic Reports First Quarter Results for Fiscal Year 2016

Summit Research Downgrades QLogic (QLGC) to Hold

July 31, 2015 8:41 AM EDT

Summit Research downgraded QLogic (NASDAQ: QLGC) from Buy to Hold with a price target of $11.00 (from $16.00).

Analyst Srini Nandury commented, "We are downgrading QLGC to HOLD and establishing a new PT of $11 (down from $16) following a disappointing quarter and a material reset... More

BMO Capital Downgrades QLogic (QLGC) to Market Perform

July 31, 2015 7:07 AM EDT

BMO Capital downgraded QLogic (NASDAQ: QLGC) from Outperform to Market Perform with a price target of $10.50 (from $12.00).

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

Shares of QLogic closed at $11.38 yesterday.

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QLogic Corp (QLGC) Reports In-Line Q1 EPS

July 30, 2015 4:16 PM EDT

QLogic Corp (NASDAQ: QLGC) reported Q1 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $113.4 million versus the consensus estimate of $120.61 million.

For earnings history and earnings-related data on QLogic Corp (QLGC) click here.

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