Inphi Corp. (IPHI) Reports In-Line Q1 EPS, Miss on Revenues; Offers 2Q EPS Outlook Above Consensus

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Go back to Inphi Corp. (IPHI) Reports In-Line Q1 EPS, Miss on Revenues; Offers 2Q EPS Outlook Above Consensus

Needham & Company Downgrades Inphi Corp. (IPHI) to Buy

April 25, 2018 7:17 AM EDT

Needham & Company downgraded Inphi Corp. (NYSE: IPHI) from Strong Buy to Buy with a price target of $35.00.

Analyst N. Quinn Bolton commented, "IPHI reported in-line 1Q18 results and modestly better than expected 2Q18 guidance. Following the year-long China inventory purge, the... More