Mellanox Announces Agreement with Starboard

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Mellanox Technologies (MLNX) PT Raised to $90 at Credit Suisse; Settlement a Win-Win

June 20, 2018 10:06 AM EDT

Credit Suisse raised its price target on Mellanox Technologies (NASDAQ: MLNX) to $90.00 (from $75.00) while maintaining a Outperform rating, calling the Starboard settlement a "win-win."

Analyst John Pitzer views all three board additions as positives along with the recent additions of Steve Sanghi... More