Information Provided By: 
Fly News Breaks for September 4, 2018
RNECY, IDTI
Sep 4, 2018 | 08:09 EDT
As reported earlier, Needham analyst N.Quinn Bolton downgraded Integrated Device (IDTI) to Hold from Buy, saying the 12% rise on Friday following a Nikkei speculation of a $6B acquisition by Renesas (RNECY) has taken its valuation to levels that reflect the M&A premium. The analyst contends that the transaction "makes strategic sense" for Integrated Device and does not anticipate any regulatory CFIUS review issues with the potential deal, but adds that the stock price should fall if the deal is blocked.
News For IDTI;RNECY From the Last 2 Days
There are no results for your query IDTI;RNECY
