Finisar has positive read through from Avago results, says Stifel Stifel believes that Avago's (AVGO) positive commentary on its wired infrastructure segment bodes well for fFnisar's (FNSR) datacom segment. The firm thinks Avago's results will reduce fears that Finisar's April quarter outlook could be weak. It keeps a Buy rating on Finisar.
RF names' weakness creates buying opportunity, says MKM Partners MKM Partners says that the performance of RF names has been "choppy" lately, even though the stocks are exposed to one of the best defensible growth stories in its coverage. It says that weakness in China is likely limited to the low end of the domestic market. The firm raised its price target on Qorvo (QRVO) to $95 from $87, on Skyworks (SWKS) to $116 from $86, and on Avago (AVGO) to $148 from $130. It keeps Buy ratings on all three names.