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Stock Market & Financial Investment News

News Breaks
January 27, 2014
08:04 EDTFNSR, MLNXMellanox 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.
News For MLNX;FNSR From The Last 14 Days
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January 29, 2015
08:00 EDTMLNXMellanox price target raised to $63 from $53 at Stifel
Stifel increased its price target on Mellanox after the company reported stronger than expected Q4 results. The firm expects the company to benefit from an ongoing data center upgrade cycle well into 2016, and keeps a Buy rating on the shares.
06:18 EDTMLNXMellanox filed revised financial statements to correct errors in FY11-FY13
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January 28, 2015
18:21 EDTMLNXOn The Fly: After Hours Movers
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16:13 EDTMLNXMellanox sees Q1 revenue $140M-$145M, consensus $135.36M
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16:12 EDTMLNXMellanox reports Q4 EPS 59c, consensus 44c
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January 27, 2015
10:00 EDTMLNXOn the Fly: Analyst Downgrade Summary
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05:03 EDTMLNXMellanox downgraded to Hold from Buy at Jefferies
Jefferies downgraded Mellanox to Hold citing limited upside potential to its $50 price target.
January 16, 2015
08:51 EDTMLNXMellanox has positive outlook from Intel results, says Stifel
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