Quicklogic Corp (QUIK) Tops Q4 EPS by 5c

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QuickLogic (QUIK) PT Raised to $16 at Oppenheimer

February 28, 2024 6:37 AM EST

Oppenheimer analyst Martin Yang raised the price target on QuickLogic (NASDAQ: QUIK) to $16.00 (from $12.00) while maintaining a Outperform rating.

The analyst comments "4Q23 revenue/EPS of $7.5M/$0.18 compares to consensus' $7.4M/$0.13 estimates. Higher eFPGA IP and professional services licenses drove revenue... More