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UPDATE: Topeka Capital Markets Upgrades Cypress Semiconductor On Merger Announcement
Tuesday, December 2, 2014 - 9:16am | 138In a report published Tuesday, Topeka Capital Markets analyst Suji De Silva upgraded the rating on Cypress Semiconductor Corporation (NASDAQ: CY) from Hold to Buy, and raised the price target on $10.50 to $13.00. In the report, Topeka Capital Markets noted, “We are upgrading CY from Hold to Buy on...
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UPDATE: Topeka Capital Markets Reiterates On Spansion On High Margin Accretion Potential In Acquisition
Tuesday, December 2, 2014 - 9:08am | 118In a report published Tuesday, Topeka Capital Markets analyst Suji De Silva reiterated a Buy rating on Spansion (NYSE: CODE), and raised the price target from $22.00 to $32.00. In the report, Topeka Capital Markets noted, “Reflecting the planned merger of CODE with Cypress (CY-$10.43:Buy), we are...
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Audience Down 15% On Lower Chip Demand From Samsung
Friday, August 1, 2014 - 4:22pm | 289Audience (NASDAQ: ADNC) fell more than 15 percent on a weak outlook for the second half of 2014. The company provides audio processors for smartphones and Samsung represented 72 percent of its recent second-quarter sales. But Samsung recently forecast substantially lower-than-expected demand...
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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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Topeka Analyst Makes Case For Himax On Recent Weakness
Wednesday, May 28, 2014 - 1:55pm | 218In a note released Wednesday, Topeka analyst Suji De Silva made the case for buying Himax Technologies (NASDAQ: HIMX) amid weakness due to potential acquisition of Renesas by Synaptics. Looking at the transaction, De Silva notes that the deal is yet to be confirmed. Moreover, he believes the...
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UPDATE: Topeka Capital Lowers PT on CEVA Following Preannouncement of Lower 3Q13 Revenue, Higher Expenses
Thursday, October 3, 2013 - 12:06pm | 105In a report published Thursday, Topeka Capital Markets analyst Suji De Silva reiterated a Buy rating on CEVA (NASDAQ: CEVA), but lowered the price target from $20.00 to $18.00. In the report, Topeka Capital Markets noted, “CEVA preannounced lower 3Q13 revenue and higher expenses this morning....
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UPDATE: Topeka Capital Downgrades Cypress Semiconductor Following Weaker-Than-Expected 3Q13 Guidance Announcement
Tuesday, September 24, 2013 - 12:45pm | 147In a report published Tuesday, Topeka Capital Markets analyst Suji De Silva downgraded the rating on Cypress Semiconductor NV (NASDAQ: CY) from Buy to Hold, and lowered the price target from $15.00 to $11.00. In the report, Topeka Capital Markets noted, “Cypress preannounced weaker than expected...
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UPDATE: Topeka Capital Markets Raises PT on RDA Microelectronics on Increasing Confidence in Growth Opportunity
Thursday, September 19, 2013 - 11:41am | 118In a report published Thursday, Topeka Capital Markets analyst Suji De Silva reiterated a Buy rating on RDA Microelectronics (NASDAQ: RDA), and raised the price target from $14.00 to $17.00. In the report, Topeka Capital Markets noted, “We have increasing confidence in RDA's growth opportunity...
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UPDATE: Topeka Capital Markets Downgrades Volterra Semiconductor Following Maxim Acquisition Announcement
Friday, August 16, 2013 - 8:42am | 110In a report published Friday, Topeka Capital Markets analyst Suji De Silva downgraded Volterra Semiconductor (NASDAQ: VLTR) from Buy to Hold, but raised the price target from $19.00 to $23.00. In the report, Topeka Capital Markets noted, “We are downgrading VLTR on the announcement of their...
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UPDATE: Topeka Capital Markets Lowers PT on Spansion Following Reduced Revenue Guidance
Friday, July 12, 2013 - 11:19am | 126In a report published Friday, Topeka Capital Markets analyst Suji De Silva reiterated a Buy rating on Spansion (NYSE: CODE), but lowered the price target from $15.00 to $14.00. In the report, Topeka Capital Markets noted, “We believe CODE's reduced revenue guidance reflects mild near-term...
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UPDATE: Topeka Capital Markets Downgrades Spreadtrum Communications on New Increased Bid From China-based Tsinghua Holdings
Friday, July 12, 2013 - 9:02am | 106In a report published on Friday, Topeka Capital Markets analyst Suji De Silva downgraded Spreadtrum Communications (NASDAQ: SPRD) from Buy to Hold and lowered the price target on the company from $32 to $31. In the report, Topeka Capital Markets stated, "We believe the new increased bid from...
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UPDATE: Topeka Capital Markets Raises PT on Volterra Semiconductor on Redirected Growth Opportunities
Tuesday, June 11, 2013 - 2:17pm | 105In a report published on Tuesday, Topeka Capital Markets analyst Suji De Silva raised the price target on Volterra Semiconductor (NASDAQ: VLTR) from $15 to $17 and maintained a rating of Buy. In the report, Topeka Capital Markets stated, "Management acknowledged continued headwinds from the...
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UPDATE: Topeka Capital Markets Initiates Broadcom with Buy on Confident Outlook
Friday, June 7, 2013 - 10:41am | 119In a report published Friday, Topeka Capital Markets analyst Suji De Silva initiated coverage on Broadcom Corporation (NASDAQ: BRCM) with a Buy rating and $42.00 price target. In the report, Topeka Capital Markets noted, “We are initiating coverage of Broadcom with a Buy rating and a $42.00 price...
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UPDATE: Topeka Capital Markets Initiates Coverage On ARM Holdings on Embedded Expectations
Friday, June 7, 2013 - 10:39am | 90In a report published Thursday, Topeka Capital Markets analyst Suji De Silva initiated coverage on ARM Holdings (NASDAQ: ARMH) with a Hold rating and price target of $42. In the report, Topeka Capital Markets stated, "While we believe that ARMH has established a strong market position with high...
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UPDATE: Topeka Capital Markets Initiates Cadence Design Systems with Buy on Strong Competitive Position
Friday, June 7, 2013 - 10:39am | 115In a report published Friday, Topeka Capital Markets analyst Suji De Silva initiated coverage on Cadence Design Systems (NASDAQ: CDNS) with a Buy rating and $18.00 price target. In the report, Topeka Capital Markets noted, “We are initiating coverage of Cadence Design Systems with a Buy rating and...