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Fly News Breaks for March 26, 2015
QRVO, NXPI, MU, SNDK
Mar 26, 2015 | 11:57 EDT
Piper Jaffray lowered its price target for SanDisk (SNDK) to $82 from $90 after the company cut its Q1 revenue outlook and pulled its FY15 guidance. Piper attributes most of the weakness to company specific issues as it believes industry demand for solid state drives remains robust. The firm keeps an Overweight rating on the name. Along with SanDisk, shares of peers Micron (MU), NXP Semiconductors (NXPI) and Qorvo (QRVO) are trading to the downside.
News For SNDK;MU;NXPI;QRVO From the Last 2 Days
NXPI
Apr 25, 2024 | 06:53 EDT
Susquehanna analyst Christopher Rolland raised the firm's price target on Impinj (PI) to $150 from $140 and keeps a Positive rating on the shares. The firm said they posted a solid print with additional upside driven by the licensing win from NXP Semiconductors (NXPI). Customer engagements and new RFID markets continue to broaden the opportunity.
