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

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

QLogic Corp (QLGC) Tops Q4 EPS by 2c

May 1, 2014 4:16 PM EDT

QLogic Corp (NASDAQ: QLGC) reported Q4 EPS of $0.24, $0.02 better than the analyst estimate of $0.22. Revenue for the quarter came in at $115.7 million versus the consensus estimate of $113.3 million.

Revenue from Advanced Connectivity Platforms increased to $101.1 million in the fourth quarter of fiscal 2014... 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.

... More

Stephens Downgrades Emulex (ELX) to Equal Weight

May 1, 2014 8:42 AM EDT

Stephens downgraded Emulex (NYSE: ELX) from Overweight to Equal Weight.

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.

... More

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.

... More