Xcerra Corp. (XCRA) Tops Q3 EPS by 4c; Issues Q4 Outlook

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Xcerra (XCRA) PT Lifted at Needham & Company

May 23, 2014 7:39 AM EDT

Needham & Company analyst Vernon Essi, Jr. reiterated a Buy rating and bumped his price target on Xcerra Corporation (NASDAQ: XCRA) to $13.00 (from $12.00) following Q3 results.

Essi comments, "LTXC reported its first quarter under the new company name of Xcerra, with AprQ3 revenue above... More