QLogic Reports First Quarter Results for Fiscal Year 2016
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/6/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
Summit Research Downgrades QLogic (QLGC) to Hold
July 31, 2015 8:41 AM EDTSummit 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 EDTBMO 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.
... MoreQLogic Corp (QLGC) Reports In-Line Q1 EPS
July 30, 2015 4:16 PM EDTQLogic 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.
... More