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Broadcom-Avago...The Day After
Thursday, May 28, 2015 - 2:13pm | 728Broadcom Corporation (NASDAQ: BRCM) soared over 20 percent Wednesday following news its would be acquired by Avago Technologies Ltd (NASDAQ: AVGO) in a $37 billion dollar deal; the deal was confirmed Thursday morning. On Thursday, Avago traded at $140.30, down 0.84 percent while Broadcom fell 2...
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Analysts Say Cree Needs More Mid-Market LED Exposure
Wednesday, August 13, 2014 - 11:44am | 299Cree (NASDAQ: CREE) fell more than nine percent on a weaker-than-expected sales of light-emitting diode products and a narrowing margin. Uncertainty over gross margin in upcoming quarters led UBS' Stephen Chin to maintain a Neutral rating on the shares, although he said the margin may...
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UPDATE: UBS Securities Reiterates On Texas Instruments As Diversified Growth Should Drive Margins
Tuesday, July 22, 2014 - 10:05am | 176In a report published Tuesday, UBS Securities analyst Stephen Chin reiterated a Neutral rating on Texas Instruments (NASDAQ: TXN), and raised the price target from $49.00 to $52.00. In the report, UBS Securities noted, “A number of things went right with TI's Q2 results as broad-based growth led by...
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Shares Of GT Advanced Technologies Take A Hit Following UBS Downgrade
Monday, July 7, 2014 - 8:15am | 154Shares of GT Advanced Technologies (NASDAQ: GTAT) are down 8.85 percent in Monday's pre-market session following a downgrade from Buy to Neutral by UBS analyst Stephen Chin. Chin stated, "We believe GT can still hit the midpoint of its sales guidance of $600-$800M but believe our...
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UPDATE: UBS Investment Research Downgrades Linear Technology Corporation on Valuation
Friday, August 2, 2013 - 10:36am | 151In a report published Friday, UBS Investment Research analyst Stephen Chin downgraded Linear Technology Corporation (NASDAQ: LLTC) from Buy to Neutral, but reiterated the $40.00 price target. In the report, UBS Investment Research noted, “We are downgrading Linear to Neutral from Buy given that...
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UPDATE: UBS Investment Research Downgrades Broadcom on Wireless Risks
Friday, August 2, 2013 - 10:32am | 138In a report published Friday, UBS Investment Research analyst Stephen Chin downgraded Broadcom (NASDAQ: BRCM) from Buy to Neutral, and lowered the price target from $35.00 to $30.00. In the report, UBS Investment Research noted, “We are downgrading Broadcom to a Neutral rating from Buy owing to...