Form 8-K Mellanox Technologies, For: Jan 30
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Mellanox Technologies (MLNX) PT Raised to $105 at Susquehanna
January 31, 2019 8:33 AM ESTSusquehanna analyst Christopher Rolland raised the price target on Mellanox Technologies (NASDAQ: MLNX) to $105.00 (from $95.00) while maintaining a Positive rating.
Rolland commented, "Despite the digestion of Ethernet inventory by hyperscalers (portended by INTC and NVDA), InfiniBand growth drove better results/guidance, rare this EPS season."
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