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Barclays: Cavium May Launch New Data Center Switch By Acquiring Xpliant
Monday, June 23, 2014 - 10:21am | 245Cavium (NASDAQ: CAVM) may be poised to launch a new switch for data centers, fueling growth for the network semiconductor concern. Barclay's Blayne Curtis said the company has acquired a 40 percent to 45 percent stake in development-stage Xpliant for $28.8 million, along with an option to...
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Intel Analysts See Higher Demand For Business-Grade PCs
Friday, June 13, 2014 - 4:05pm | 219Intel (NASDAQ: INTC) shares bounced 6.7 percent Friday following the company's boost to its outlook. Short-term results will benefit from higher-than-expected demand for chips used by business-grade personal computers, the company said, adding it now expects "some revenue growth"...
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Barclays Raise Cavium's Price Target, Shares Reach New High
Tuesday, May 27, 2014 - 2:45pm | 224In a report published Tuesday, Barclays analyst Blayne Curtis maintained an Overweight rating on Cavium (NASDAQ: CAVM) raised the price target from $45.00 to $65.00. The analyst reiterated Cavium as one of Barclays' top picks. Curtis sees “significant upside potential” for earnings power with...
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UPDATE: Barclays Capital Downgrades Montage Technology Following Q4 Revenue Report
Friday, February 21, 2014 - 10:29am | 171In a report published Friday, Barclays Capital analyst Blayne Curtis downgraded the rating on Montage Technology (NASDAQ: MONT) from Overweight to Equal-Weight, and lowered the price target from $20.00 to $16.00. In the report, Barclays Capital noted, “Montage reported Q4 revenue in line and EPS...
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UPDATE: Maxim Integrated Products Receives Rating Bump from Barclays, Up 4.5 Percent
Tuesday, January 28, 2014 - 12:23pm | 101In a report published Tuesday, analyst Blayne Curtis of Barclays upgrades Maxim Integrated Products (NASDAQ: MXIM) to an Overweight rating from Equal Weight, upping price target to $35 from $28. Curtis notes the driving factors behind the rating boosts, "(1) we have gained further confidence...
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Barclays Capital Reiterates on Cirrus Logic After Amplifier Loss in iPad Air is Confirmed
Monday, November 11, 2013 - 12:19pm | 127In a report published Monday, Barclays Capital analyst Blayne Curtis reiterated an Underweight rating and $16.00 price target on Cirrus Logic (NASDAQ: CRUS). In the report, Barclays Capital noted, “When we published our thoughts on the initial iPad Air teardowns last week, we noted that CRUS'...
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UPDATE: Barclays Capital Downgrades Cirrus Logic as Focus is Now on 1H Trough
Wednesday, October 30, 2013 - 10:44am | 175In a report published Wednesday, Barclays Capital analyst Blayne Curtis downgraded the rating on Cirrus Logic (NASDAQ: CRUS) from Equal-Weight to Underweight, but reiterated the $16.00 price target. In the report, Barclays Capital noted, “CRUS delivered slightly better Sept revenue with EPS well...
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Jefferies & Company Rates Cypress Semiconductor (CY) A Buy
Monday, March 29, 2010 - 2:02pm | 90Jefferies & Company analysts Adam Benjamin, Blayne Curtis and Richard Grasfeder rated shares of Cypress Semiconductor Corporation (Nasdaq: CY) a Buy, with a price target of $14. The analysts said that they have increased confidence in Cypress Semiconductor Corporation's competitive positioning...