Lazard Capital

Lazard Capital is out with its report today on Broadcom (NASDAQ: BRCM), maintaining Buy. In its report, Lazard Capital writes, "Our PT of $48 is 17x FY2011E PF EPS, a multiple that reflects BRCM's historical average. We believe that the current multiple remains attractive considering the risk-...

Lazard Capital is out with its report today on Veeco Instruments (NASDAQ: VECO), downgrading VECO from Buy to Neutral. In its report, Lazard Capital writes, "We are downgrading VECO to NEUTRAL from BUY. While we like that the company has a strong balance sheet with $15 cash/share and is gaining...

Lazard Capital is out with its report today on Intel (NASDAQ: INTC), maintaining Neutral. In its report, Lazard Capital writes, "We maintain our NEUTRAL rating on INTC for the following reasons: While we believe the company is a strong play on enterprise upgrade, we see 1) a lack of a real entrée...

Lazard Capital is out with its report today on Omnivision Technologies (NASDAQ: OVTI), lowering its PT to $37 from $44. In its report, Lazard Capital writes, "The stock is trading at 5x 2012E EPS (ex cash), an attractive multiple given annual rev growth of 13%. Our $37 PT is based on 13x 2013E EPS...

Lazard Capital reiterated its Buy rating on Cree (NASDAQ: CREE). At the same time, the rating agency left its price target on the company's stock unchanged at $50. On Tuesday, CREE closed the day at $29.49. Its shares added 11.43% to their value in today's pre-market trading to stand around $32.86.

Lazard Capital downgraded its rating on Entropic Communications (NASDAQ: ENTR) from Buy to Neutral. At the moment, the rating agency does not have a price target placed on the company's stock. On Wednesday, ENTR closed the day at $6.68. Its shares are having a disastrous session in today's pre-...

Lazard Capital is out with its report today on Supertex (NASDAQ: SUPX), lowering its PT from $28 to $25. In a note to clients, Lazard Capital writes, "Despite the recent performance, we recommend SUPX for deep value small cap investors for the following reasons: 1) the remainder of the buyback in...

Lazard Capital provided color on DSP Group (NASDAQ: DSPG) in a research report published today. Lazard Capital has given DSP Group a Neutral rating. In the report, Lazard Capital states, "We see limited downside to the stock at these levels due to the fact that the stock is currently trading at 1....

Lazard Capital reiterated its Neutral rating on Intel (NASDAQ: INTC). At the moment, the rating agency does not have a price target placed on the company's stock. On Wednesday, INTC closed the day at $22.99. Its shares lost 2.35% of their value to stand around $22.45.

Lazard believes the fair value of Alkermes (NASDAQ: ALKS) is $25/share.

Lazard Capital is out with its report today on Micron Technology (NYSE: MU), maintaining Buy. In a note to clients, Lazard Capital writes, "Based on our meetings with management we believe the Street is too bearish on recent DRAM spot market price declines and is directly correlating the stock to...

Lazard Capital is out with its report today on Veeco Instruments (NASDAQ: VECO), raising its PT from $58 to $64. In a note to clients, Lazard Capital writes, "Based on our new estimates we believe a higher price target is justified using the higher end of the historical multiple range for the...