Montage Technology Group (MONT) Tops Q1 EPS by 1c

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Montage Technology (MONT) Estimates, PT Raised at Needham & Company Post Q1

May 6, 2014 1:23 PM EDT

Needham & Company N. Quinn Bolton reiterated a Buy rating on Montage Technology Group Ltd. (NASDAQ: MONT) and bumped his price target to $28.50 (from $26.00) following strong Q1 results and outlook.

Bolton comments, "Montage announced 1Q14 results that were in-line with the positive preliminary... More