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News Breaks | | | | July 11, 2012 | | 06:42 EDT |  | OCZ | Piper Jaffray says now the time to own OCZ Technology
Despite lowering its price target for shares to $13 from $17 following the company's Q1 results, Piper Jaffray says now is the time to own OCZ Technology. The firm says OCZ left $27M on the table at the end of Q1 due to supply constraints, and that a number of the company's initiatives are not factored into its annual outlook. Piper reiterates an Overweight rating on shares of OCZ Technology. Note Credit Suisse this morning downgraded the stock to Neutral. | |
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