Rambus, Inc. (RMBS) Tops Q2 EPS by 1c

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Rambus (RMBS) PT Bumped to $15 at Jefferies

July 22, 2014 9:05 AM EDT

Jefferies analyst Sundeep Bajikar reiterated a Hold rating and boosted its price target on Rambus Inc. (NASDAQ: RMBS) to $15.00 (from $14.00) following Q2 results.

Bajikar comments, "Q2 results and guidance indicate good execution and progress in engaging customers with advanced technology. While quarterly visibility... More