Integrated Device Technology (IDTI) Reports In-Line Q3 EPS

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Wedbush Upgrades Integrated Device Technology (IDTI) to Outperform

February 2, 2016 8:01 AM EST

Wedbush upgraded Integrated Device Technology (NASDAQ: IDTI) from Neutral to Outperform with a price target of $27 (from $26).

Analyst Betsy Van Hees commented, "We maintained our NEUTRAL rating heading into the print because we believed a lot was already priced in given our view that the Street had not adequately modeled in the recent acquisition of ZMDI and our concerns that 1) near-term growth... More