FBR Capital Markets

FBR Capital Markets increases its price target from $32 to $33 on Maxim Integrated Products (NASDAQ: MXIM) as robust checks suggest handset gains are likely to continue. FBR Capital Markets notes, "Recent checks are encouraging for Maxim's handset and industrial businesses, and we think 2012 is...

FBR Capital Markets increases its price target from $32 to $33 on Maxim Integrated Products (NASDAQ: MXIM) as robust checks suggest handset gains are likely to continue. FBR Capital Markets notes, "Recent checks are encouraging for Maxim's handset and industrial businesses, and we think 2012 is...

FBR Capital Markets raises its price target to $14 on Outperform-rated Atmel Corporation (NASDAQ: ATML) on encouraging checks for Touch and MCUs. FBR Capital Markets says, "Shares of ATML have underperformed many chip stocks this year, and we think present a compelling risk/reward opportunity as...

FBR Capital Markets raises its price target to $28 on International Rectifier Corporation (NYSE: IRF) as recent underperformance in shares should lead to upside for the rest of 2012. FBR Capital Markets says, "IR has performed worse than most peers in peak-to-trough revenue compression, gross...

FBR Capital Markets reiterates its Outperform rating and $42 target price on Broadcom (NASDAQ: BRCM) as the acquisition of NetLogic drives estimates up. FBR Capital Markets notes, "For NetLogic, we estimate the acquisition adds $0.10 to EPS in 2012 and $0.15 in 2013, though we used conservative...

FBR Capital Markets increases its price target on Outperform-rated Fairchild Semiconductor International (NYSE: FCS) to $18 from $16 on sales recovery hinted by channel checks. FBR Capital Markets says, "For 1Q12, we think Fairchild's business trends are tracking within guidance trends (revenues...

FBR Capital Markets has published a research report on Advanced Micro Devices (NYSE: AMD) after the company reported respectable 4Q earnings yesterday. In the report, FBR Capital writes, "Gross margins of 45.7% were better than guidance of 45%. Net, pro forma EPS of $0.18 were better than the...