Nomura Sees More Downside in Altera (ALTR)

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ISI Group Downgrades Altera (ALTR) to Hold

December 5, 2012 7:08 AM EST

ISI Group downgraded Altera (NASDAQ: ALTR) from Buy to Hold with a price target of $30.00 (from $35.00) following lower guidance.

For an analyst ratings summary and ratings history on Altera click here.... More

Altera (ALTR) Guides Lower

December 4, 2012 4:17 PM EST

Altera Corp (NASDAQ: ALTR) currently expects that revenue for the fourth quarter will be 8 to 10 percent lower than third quarter levels. Prior guidance was for a decline of 6 to 10 percent.

Sales of the company's new products are expected to grow... More