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Stock Market & Financial Investment News

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January 27, 2014
08:04 EDTMLNX, FNSRMellanox shares should be bought on weakness, says Stifel
After Mellanox's (MLNX) stock fell 7% on Friday, Stifel said it expects the company's earnings to come in at the high end of its guidance range. The firm views Finisar's (FNSR) results and outlook as positive for Mellanox, and expects Mellanox to indicate that its growth outlook for 2014 is positive. Stifel keeps a $55 price target and Buy rating on Mellanox.
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