Integrated Device Technology (IDTI) Tops Q2 EPS by 1c

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Integrated Device Technology (IDTI) PT Lifted to $25 at Brean Capital

November 1, 2016 9:32 AM EDT

Brean Capital analyst Mike Burton reiterated a Buy rating and raised his price target on Integrated Device Technology (NASDAQ: IDTI) to $25.00 (from $23.00) following in-line results.

Burton commented, "IDTI reported a relatively in-line Sep-16Q and gave mixed guidance for the Dec-16Q. For the December 2016 guide, the company is being impacted by the Samsung Note 7s recall, and is... More

Needham & Company Remains Bullish as Integrated Device Technology (IDTI) Releases Weak 3Q Guide

November 1, 2016 7:36 AM EDT

Needham & Company reiterated a Buy rating and $25.00 price target on Integrated Device Technology (NASDAQ: IDTI) following the company's 2Q earnings report. IDTI reported revenue of $184.1MM, in line with the mid-point of guidance of $179MM-$189MM. NG EPS of $0.34, was above the consensus estimate of $0.33. IDT guided... More