Stephens Downgrades Emulex (ELX) to Equal Weight

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Avoid QLogic Corp. (QLGC) Says Goldman; Emulex PT Cut to $6

May 1, 2014 11:00 AM EDT

Goldman Sachs maintained a Neutral rating on Emulex (NYSE: ELX) and reduced its price target to $6.00 (from $8.00). Analyst Bill Shope trimmed estimates and commented on read-though for QLogic Corp. (Nasdaq:... More

DA Davidson Downgrades Emulex (ELX) to Underperform

May 1, 2014 9:57 AM EDT

DA Davidson downgraded Emulex (NYSE: ELX) from Neutral to Underperform.

For an analyst ratings summary and ratings history on Emulex click here. For more ratings news on Emulex click here.

Shares of Emulex closed at $7.15 yesterday.

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UPDATE: Piper Jaffray Downgrades Emulex (ELX) to Neutral

May 1, 2014 6:37 AM EDT

(Updated - May 1, 2014 8:10 AM EDT)

Piper Jaffray downgraded Emulex (NYSE: ELX) from Overweight to Neutral with a price target of $6.00 (from $10.00).

Analyst Andrew J. Nowinski said, "We are downgrading shares of ELX to Neutral, due to a lack of meaningful growth... More

Emulex Corp. (ELX) Reports In-Line Q3 EPS

April 30, 2014 4:22 PM EDT

Emulex Corp. (NYSE: ELX) reported Q3 EPS of $0.15, in-line with the analyst estimate of $0.15. Revenue for the quarter came in at $109.7 million versus the consensus estimate of $112.95 million.

For earnings history and earnings-related data on Emulex Corp. (ELX) click here.

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