Inphi Corp. (IPHI) Tops Q2 EPS by 4c, Offers Q3 Guidance
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Needham & Company Reiterates Strong Buy on Inphi Corp. (IPHI) Following Solid 2Q
August 9, 2016 8:11 AM EDTNeedham & Company reiterated a Strong Buy rating on Inphi Corp. (NYSE: IPHI), and raised the price target to $45.00 (from $44.00), following the company's 2Q earnings report. IPHI reported revenue from continuing operations of $60.5MM, easily ahead of $57.5MM estimates. NG EPS was $0.32, including a $0.02 tax benefit,... More
