Everspin Technologies, Inc. (MRAM) Tops Q4 EPS by 1c
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March 19, 2018 8:09 AM EDT
Everspin Technologies, Inc. (NASDAQ: MRAM) today announced it has entered into a multi-year worldwide licensing agreement with Alps Electric Co., LTD (Alps), a manufacturer of 3D magnetic sensors. Under the agreement, Alps and Everspin will mutually grant licenses to magnetoresistive-based 3D sensor patent portfolios for... More
March 16, 2018 6:40 AM EDT
Stifel lowered its price target on Everspin Technologies (NASDAQ: MRAM) to $13.00 (from $15.00) while maintaining a Buy rating.
Analsyt Kevin Cassidy notes the 4Q17 earnings report showed good methodical progress toward bringing the worlds first 256Mb STT MRAM into full production.
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March 16, 2018 6:34 AM EDT
Needham & Company lowered its price target on Everspin Technologies (NASDAQ: MRAM) to $14.00 (from $17.00) while maintaining a Strong Buy rating.
Analyst Rajvindra Gill commented, "While we are encouraged by signs that Everspin's strategy shift of prioritizing 256Mb ST-MRAM and a realignment in its... More
