Fri, Sep 19, 2014, 7:16 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

EZchip Semiconductor Ltd. Message Board

  • wall_st_knight_mare wall_st_knight_mare Feb 14, 2013 10:03 AM Flag

    EZchip upgraded to Outperform at Oppenheimer; tgt $31

    9:29 AM ET

    . Oppenheimer upgrades EZCH to Outperform from Perform and sets target price at $31, based on much-improved risk-reward, following a 21% sell-off Wednesday. They believe the sell-off is overdone and exaggerates the impact of mgmt's reduced long-term revenue target. Despite lower guidance, EZCH still offers attractive investment potential for 1) expanding edge router market and rising customer traction; 2) high margin/leverage operating model; and 3) $6 cash per share. They note their current FY16 revenue targets and annual top-line growth are significantly lower than the company's long-term target ('12-'16 rev. CAGR of 19% vs 32%).

25.11-0.30(-1.18%)Sep 19 3:59 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.