Christopher Danely

Citi commented on the semiconductor industry Thursday and the impact of currency movements. Analysts led by Christopher Danely believed that the strengthening of the U.S. dollar could result in two possible negative scenarios for the semiconductor sector. First, the analysts believed "an...

Citi lowered its estimates on Intel Corporation (NASDAQ: INTC) and cut its price target from $35 to $34. The firm reiterated a Neutral rating on the stock. Analyst Christopher Danely observed a continued decline in PC demand that could result in shipments coming in below Intel guidance and...

Microchip Technology Inc. (NASDAQ: MCHP) and Texas Instruments Incorporated (NASDAQ: TXN) were named Top Picks by Citi on Monday. Analysts led by Christopher Danely believed the two companies “have the best combination of capital allocation, demand, and management of businesses. Both...

In a report published Monday, J.P. Morgan analyst Christopher Danely downgraded the rating on Maxim Integrated Products (NASDAQ: MXIM) from Overweight to Neutral, and lowered the price target from $38.00 to $30.00. In the report, J.P. Morgan noted, “We are downgrading Maxim from Overweight to...

In a report published Tuesday, J.P. Morgan analyst Christopher Danely raised the price target on Microchip Technology (NASDAQ: MCHP) from $34 to $35 and maintained a Neutral rating on the company. In the report, J.P. Morgan stated, "Yesterday after the close, Microchip raised its June quarter...

JP Morgan analysts Christopher Danely and Venk Nathanumi downgraded RFMD to Underweight from Neutral, largely on weakness in the handset market. Weak PC and handset demand along with deteriorating conditions in Europe have resulted in declining lead times and push-outs of components. JP Morgan...

JP Morgan analysts Christopher Danely and Venk Nathanumi upgraded Linear Technology (NASDAQ: LLTC) to Overweight from Neutral. The analysts expect a downturn in the semiconductor industry, and feel that Linear will weather the storm better than its peers. This new rating does not mean the analysts...