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Stock Market & Financial Investment News

News Breaks
February 19, 2013
06:52 EDTATMLAtmel upgraded to Buy from Hold at Needham
Needham upgraded Atmel due to its dominant position in the touch-enabled notebook market, gross margin improvements, xSense opportunity, and Galaxy S4 contribution. Price target is $10.
News For ATML From The Last 14 Days
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February 4, 2016
07:00 EDTATMLSilicon Laboratories an attractive acquisition target, says Citi
Citi analyst Atif Malik calls Silicon Laboratories (SLAB) an attractive acquisition target after the company beat Q4 earnings expectations. He contends Silicon would garner a 15% premium to peer Atmel's (ATML) takeout price. If Atmel is worth $8.15 per share, Silicon Laboratories is worth $50, Malik tells investors in a post-earnings research note. He lowered his price target for Silicon to $50 from $58 and keeps a Buy rating on the name.

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