GigOptix (GIG) Tops Q3 EPS by 1c
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Cowen Raises Price Target on to $3.50 Following GigOptix's (GIG) 3Q Results
October 20, 2015 6:59 AM EDTCowen reiterated an Outperform rating on GigOptix (NYSE: GIG), and raised the price target to $3.50 (from $3.00), following the company's 3Q15 earnings results. EPS of $0.06 beat the Street's estimate of $0.05.
Analyst Wayne Loeb commented, "GIG beat on both revenue and EPS even accounting... More
