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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:59 EDTONNN, ATMLON Semiconductor added to Top Picks list at FBR Capital
FBR Capital added ON Semiconductor (ONNN) to its Top Picks list in place of Atmel (ATML) and raised its price target for the stock to $10.50 from $8.50. FBR said it gained confidence after meeting with ON management at CES and keeps an Outperform rating on the stock.
News For ONNN;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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