Atmel (ATML) PT, Estimates Trimmed at BofA/Merrill Lynch on Muted Growth

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FBR Capital Upgrades Atmel (ATML) to Outperform

October 31, 2014 6:42 AM EDT

FBR Capital upgraded Atmel (NASDAQ: ATML) from Market Perform to Outperform with a price target of $9.00 (from $8.50).

Analyst Christopher Rolland comments, "... we believe the nearly 30% sell-off in shares over the past few months, vs the S&P 500 up 2%, adequately discounts the majority of a modest semiconductor downcycle. While we were concerned by Microchips (MCHP Not Rated) comments in its preannouncement, the... More

Atmel Corp (ATML) Reports In-Line Q3 EPS

October 29, 2014 4:42 PM EDT

Atmel Corp (NASDAQ: ATML) reported Q3 EPS of $0.12, in-line with the analyst estimate of $0.12. Revenue for the quarter came in at $374.5 million versus the consensus estimate of $371.6 million.

For earnings history and earnings-related data on Atmel Corp (ATML) click here.

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