Kaufman Bros. Starts QLogic (QLGC) at Buy, $21 Target
Tweet
Share
E-mailGet Alerts QLGC Hot Sheet
Price: $16.07 --0%
Rating Summary:
5 Buy, 11 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 54
Rating Summary:
5 Buy, 11 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 54
Join SI Premium – FREE
Kaufman Bros. initiated coverage on QLogic (NASDAQ: QLGC) with a Buy rating and a $21 price target.
The new rating follows Q3 results and Q4 guidance on its call on Thursday. Shares are up about 6 percent this afternoon.
The firm said its positive view of the company is "predicated on its leadership position in host bus adapter products in the storage area network market along with its unique position in SAN switches."
For an analyst ratings summary and ratings history on QLogic click here. For more ratings news on QLogic click here.
The new rating follows Q3 results and Q4 guidance on its call on Thursday. Shares are up about 6 percent this afternoon.
The firm said its positive view of the company is "predicated on its leadership position in host bus adapter products in the storage area network market along with its unique position in SAN switches."
For an analyst ratings summary and ratings history on QLogic click here. For more ratings news on QLogic click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Raymond James Starts Tonix Pharma (TNXP) at Strong Buy
- Freedom Capital Starts Sezzle Inc (SEZL) at Hold
- Qualcomm expects $40bn in non-handset revenue by fiscal 2029
Create E-mail Alert Related Categories
New CoverageRelated Entities
Kaufman Bros., EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
