Inphi Corporation Reports 16% Sequential and 73% Year-over-Year Revenue Growth in Q1, 2017 (from continuing operations)

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Inphi Corp. (IPHI) PT Lowered to $45 at Cowen Following In-Line 1Q

May 3, 2017 7:19 AM EDT

Cowen lowered its price target on Inphi Corp. (NYSE: IPHI) to $45.00 (from $56.00) while maintaining a Outperform rating. The company reported 1Q revenues and EPS results in-line with the Street expectations of $94MM and $0.44 as lower than expected OPEX helped offset some GM... More