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Stock Market & Financial Investment News

News For SPRD;MXL;INVN;AMBA;MRVL;SIMO;CAVM From The Last 14 Days
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August 21, 2015
10:50 EDTAMBACitron says next stop $70 for shares of Ambarella
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August 20, 2015
13:08 EDTSIMOSilicon Motion management to meet with Craig-Hallum
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August 19, 2015
14:32 EDTMRVLMarvell August volatility elevated into Q2 and outlook
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10:00 EDTMRVLOn The Fly: Analyst Upgrade Summary
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07:14 EDTMRVLMarvell upgraded to Buy from Neutral at Ladenburg
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August 18, 2015
10:00 EDTSIMOOn The Fly: Analyst Downgrade Summary
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07:31 EDTSIMOSilicon Motion downgraded to Underperform from Buy at BofA/Merrill
BofA/Merrill downgraded Silicon Motion two notches to Underperform from Buy and lowered its price target to $19 from $37 on shares. The firm is more cautious on the memory chip sector given new developments of SK Group's "significantly higher capex budget" and Micron's unexpected FY16 capex hike. BofA/Merrill said excess capacity is now a concern and cut long-term earnings estimates for most memory chip stocks.
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