B.Riley/FBR Downgrades Xcerra Corporation (XCRA) to Neutral Following Acquisition
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May 9, 2018 7:53 AM EDT
Craig-Hallum downgraded Xcerra Corporation (NASDAQ: XCRA) from Buy to Hold.
For an analyst ratings summary and ratings history on Xcerra Corporation click here. For more ratings news on Xcerra Corporation click here.
Shares of Xcerra Corporation closed at $13.24 yesterday.
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May 9, 2018 6:38 AM EDT
Needham & Company downgraded Xcerra Corporation (NASDAQ: XCRA) from Buy to Hold.
For an analyst ratings summary and ratings history on Xcerra Corporation click here. For more ratings news on Xcerra Corporation click here.
Shares of Xcerra Corporation closed at $13.24 yesterday.
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May 8, 2018 1:43 PM EDT
DA Davidson downgraded Xcerra Corporation (NASDAQ: XCRA) from Buy to Neutral with a price target of $14.00 (from $15.00).
For an analyst ratings summary and ratings history on Xcerra Corporation click here. For more ratings news on Xcerra Corporation click here.
Shares of Xcerra Corporation closed at $12.84 yesterday.
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May 8, 2018 5:43 AM EDT
Cohu, Inc. (NASDAQ: COHU) and Xcerra Corporation (NASDAQ: XCRA) today announced they have entered into a definitive merger agreement pursuant to which Cohu will acquire Xcerra for a combination of cash and stock. The acquisition is expected to make Cohu a global leader in semiconductor test, with combined sales for Cohu and Xcerra in excess of $800 million for the last twelve months.
Upon the closing of the transaction, Xcerra shareholders will be entitled to receive $9.00 in cash and 0.2109 of a share of Cohu common... More
