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MLNX

Mellanox

$41.50

0.05 (0.12%)

, INTC

Intel

$37.75

0.46 (1.23%)

07:19
10/19/16
10/19
07:19
10/19/16
07:19

Mellanox has positive read through from Intel results, says Stifel

Stifel analyst Kevin Cassidy says that the 32% growth of Intel's (INTC) revenue from Cloud Service providers last quarter bodes well for Mellanox (MLNX). The analyst estimates that Mellanox has roughly 32% revenue exposure to this market segment. He keeps an $85 price target and Buy rating on the shares.

MLNX

Mellanox

$41.50

0.05 (0.12%)

INTC

Intel

$37.75

0.46 (1.23%)

  • 27

    Oct

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    Oct

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    Nov

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    Nov

  • 15

    Nov

  • 16

    Nov

MLNX Mellanox
$41.50

0.05 (0.12%)

05/09/16
BMUR
05/09/16
INITIATION
Target $55
BMUR
Buy
Mellanox initiated with a Buy at Brean Capital
Brean Capital analyst Mike Burton started Mellanox Technologies with a Buy rating and $55 price target. Consensus expectations are reasonable, and the company should accelerate revenue in the second half of 2016, Burton tells investors in a research note.
05/09/16
05/09/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. 1-800-Flowers.com (FLWS) initiated with a Buy at Craig-Hallum. 2. Baker Hughes (BHI) reinstated with a Neutral at Goldman. 3. Halliburton (HAL) reinstated with a Buy at Goldman. 4. Mellanox (MLNX) initiated with a Buy at Brean Capital by analyst Mike Burton, who said consensus expectations are reasonable and the company should accelerate revenue in the second half of 2016. 5. PGT, Inc. (PGTI) initiated with a Buy at Gabelli. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/21/16
BMUR
07/21/16
NO CHANGE
Target $60
BMUR
Buy
Mellanox price target raised to $60 from $55 at Brean Capital
Brean Capital raised its price target on Mellanox to $60 from $55 following Q2 results. The firm, which believes the company is well positioned for the second half of 2016 in both its Ethernet business and core Infiniband business, reiterated its Buy rating on Mellanox shares.
07/28/16
PACS
07/28/16
INITIATION
PACS
Sector Weight
Mellanox initiated with a Sector Weight at Pacific Crest
Pacific Crest analyst Alex Kurtz started Mellanox with a Sector Weight rating.
INTC Intel
$37.75

0.46 (1.23%)

10/14/16
WELS
10/14/16
NO CHANGE
WELS
Intel results likely to be boosted by positive catalysts, says Wells Fargo
Wells Fargo thinks that Intel's (INTC) September quarter report and December quarter guidance will be boosted by several positive catalysts, including signs of improving PC demand, solid revenue momentum at its Data Center Group, and ramping sales of modems for Apple's (AAPL) iPhone 7. The firm keeps a $40-$50 price target on Intel and continues to identify it as a top pick.
10/18/16
LEHM
10/18/16
UPGRADE
Target $45
LEHM
Overweight
Intel upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Blayne Curtis upgraded Intel (INTC) to Overweight citing better PC trends and a "compelling relative valuation." The company is positioned to return to "sustainable growth" amid better computer trends and double-digit server growth, Curtis tells investors in a research note. He raised his price target for Intel shares to $45 from $38. The chipmaker closed yesterday down 16c to $37.29. Curtis this morning also downgraded shares of Cypress Semiconductor (CY) to Equal Weight.
10/18/16
10/18/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Intel (INTC) upgraded to Overweight from Equal Weight at Barclays with analyst Blayne Curtis citing better PC trends and a "compelling relative valuation." 2. Ruth's Hospitality (RUTH was upgraded to Outperform from Market Perform at Raymond James and the firm upgraded Darden (DRI) to Market Perform from Underperform. 3. Cousins Properties (CUZ) upgraded to Hold from Sell at Stifel with analyst John Guinee citing valuation. 4. FirstEnergy (FE) upgraded to Buy from Hold at Evercore ISI and to Neutral from Sell at Citi. 5. Prologis (PLD) upgraded to Equalweight from Underweight at Capital One and to Buy from Hold at Evercore ISI. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/19/16
STFL
10/19/16
NO CHANGE
STFL
Intel reported 'solid' results, says Stifel
Stifel analyst Kevin Cassidy says that Intel's results constituted "a solid beat" to its Q3 estimates, driven by PC inventory replenishment. The analyst says that the 32% jump in the company's revenue from Cloud Service providers was "most significant." He blames the company's revenue guidance miss primarily on the replenishment of the PC supply chain that took place last quarter. Cassidy expects investors to overlook this issue, and he keeps a $39 price target and Buy rating on the shares.

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ATKR

Atkore

$19.71

-0.11 (-0.55%)

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BPMC

Blueprint Medicines

$26.20

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LULU

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$59.84

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LULU

lululemon

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CVX

Chevron

$114.44

1.68 (1.49%)

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X

U.S. Steel

$37.49

1.54 (4.28%)

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U.S. Steel CEO: Company may bring back 10,000 U.S. jobs, CNBC says »

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VNDA

Vanda

$15.40

-0.6 (-3.75%)

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AE

Adams Resources

$42.31

-0.68 (-1.58%)

, SWN

Southwestern Energy

$12.37

-0.08 (-0.64%)

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$42.31

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SWN

Southwestern Energy

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EZPW

EZCORP

$11.80

0.05 (0.43%)

18:42
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  • 08

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RICE

Rice Energy

$24.59

-0.16 (-0.65%)

18:33
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Rice Energy initiated  »

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AMZN

Amazon.com

$770.42

5.7 (0.75%)

18:30
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Amazon spokesperson denies 2,000 grocery stores report, CNET says »

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ICON

Iconix Brand

$9.26

0.14 (1.54%)

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Iconix Brand reports employment termination of Chief Strategy Officer Blumberg »

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PBYI

Puma Biotechnology

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FTK

Flotek

$11.10

-2.01 (-15.33%)

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PBYI

Puma Biotechnology

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PNM

PNM Resources

$32.05

0.45 (1.42%)

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BK

BNY Mellon

$48.55

0.56 (1.17%)

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TLRD

Tailored Brands

$18.93

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FLXS

Flexsteel Industries

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, UNH

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FLXS

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NKE

Nike

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ADDYY

adidas

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  • 20

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T

AT&T

$40.45

1.1 (2.80%)

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EFC

Ellington Financial

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