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Stock Market & Financial Investment News

News Breaks
January 25, 2013
09:41 EDTQLGCQLogic gaps up following stronger earnings, bullish pattern now active
The company beat eparnings expectations by 2 cents when it reported results for its Q3 after the close yesterday. This morning the shares are up over 11%. This move higher has triggered a bullish flag pattern on the daily chart that has upside potential to the $13 area. That $13 level is where the stock began a rounding pattern decline back in September of last year. Support is at $12.34.
News For QLGC From The Last 14 Days
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July 31, 2015
10:02 EDTQLGCOn The Fly: Analyst Downgrade Summary
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08:35 EDTQLGCQLogic downgraded to Hold from Buy at Summit Research
Summit Research analyst Srini Nandury downgraded QLogic to Hold citing an uncertain enterprise Grantley server cycle following the company's "disappointing" Q2 results. The analyst cut his price target for shares to $11 from $16.
08:07 EDTQLGCQLogic downgraded to Neutral from Buy at DA Davidson
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05:56 EDTQLGCQLogic downgraded to Market Perform from Outperform at BMO Capital
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July 30, 2015
16:51 EDTQLGCQLogic reports Q1 EPS 19c, consensus 19c
Reports Q1 revenue $113.4M, consensus $120.61M.
July 23, 2015
10:00 EDTQLGCOn The Fly: Analyst Downgrade Summary
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06:29 EDTQLGCQLogic downgraded to Equal Weight from Overweight at Morgan Stanley
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