EZchip Semiconductor (EZCH) Cuts Q3 Revenue Outlook
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Chardan Capital Affirms EZchip Semi (EZCH) at 'Buy' Following Lowered Q3 Outlook
October 6, 2014 1:57 PM EDTChardan Capital reiterates EZchip Semiconductor Ltd. (EZCH) at Buy with a price target of $30 following the company's revised Q3 outlook issued earlier Monday.
Analyst Jay Srivatsa commented, Earlier today, EZCH lowered Q3:14 revenue guidance to $19 million, down from the previous guidance of $22 million. The company stated the primary reason for the lowered guidance was due to inventory adjustments and weakness... More
Feltl & Co Downgrades EZchip Semiconductor (EZCH) to Buy
October 6, 2014 11:21 AM EDTFeltl & Co downgraded EZchip Semiconductor (NASDAQ: EZCH) from Strong Buy to Buy with a price target of $25.50 (from $31.00) following today's warnings.
Analyst Jeffrey Schreiner cited slower near-term growth profile reduces target, but still see long-term growth catalysts intact.
"We are reducing our... More
