Altera Corp (ALTR) Tops Q3 EPS by 3c; Sees Q4 Sales Down 6% to 10%
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Notable 52-Week Highs and Lows of the Day 10/24: (FBHS) (SNV) (LL) High; (ALTR) (NSC) (IRBT) Low
October 24, 2012 2:30 PM EDTThis report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.
52-Week High:Fortune Brands Home & Security (NYSE: FBHS) $30.27. Fortune Brands beat Q3 EPS views by 4 cents and guided fiscal 2012 earnings expectations above the consensus.
Synovus Financial (NYSE:... More
Nomura Says Altera (ALTR) Overvalued
October 24, 2012 1:11 PM EDTNomura Securities maintained a Reduced rating on Altera (NASDAQ: ALTR) and cut its price target to $29.00 (from $32.00). With an 18x multiple, analyst Romit Shah thinks the stock is overvalued.
"Importantly," said Shah, "global capex trends are weakening. Spending in North America and... More
