Craig-Hallum Upgrades Atmel (ATML) to Buy

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Needham & Company Upgrades Atmel (ATML) to Buy; Gross Margins Set to Expand

February 19, 2013 7:58 AM EST

Needham & Company upgraded Atmel (NASDAQ: ATML) from Hold to Buy with a price target of $10.00.

The firm is bullish for four fundamental reasons: "1) we believe touchenabled notebook market represents a significant growth engine in the capacitive touch market; 2) GMs should improve substantially in... More