-
Wells Fargo Upgrades Marvell As Several Catalysts Seem To Be Aligning
Monday, November 4, 2019 - 2:51pm | 272Marvell Technology Group Ltd. (NASDAQ: MRVL) has several catalysts, including increased adoption of application-specific integrated circuits (ASIC), reaccelerating data center capital expenditure and continued improvements in the sales of traditional storage controller integrated circuits,...
-
Diodes Poised To Benefit From Semiconductor Industry Consolidation, Wells Fargo Says In Bullish Initiation
Monday, August 19, 2019 - 11:08am | 367The market seems to underappreciate the secular tailwind for Diodes Incorporated (NASDAQ: DIOD) created by the consolidation of four major semiconductor companies, according to Wells Fargo. The Analyst Gary Mobley initiated coverage of Diodes with an Outperform rating and $55 price target. The...
-
How CEVA Will Benefit From The Apple/Qualcomm Litigation
Wednesday, January 25, 2017 - 12:29pm | 476CEVA, Inc.(NASDAQ: CEVA) would be an indirect beneficiary of the legal spat between Apple Inc. (NASDAQ: AAPL) and QUALCOMM, Inc. (NASDAQ: QCOM), according to a note from Benchmark. Qualcomm Vs. Intel: Thin Modems The Apple-Qualcomm litigation suggests souring relations between the two companies,...
-
UPDATE: Benchmark Downgrades Broadcom
Tuesday, June 17, 2014 - 7:58am | 146In a note dated June 17, Benchmark analyst Gary Mobley downgraded Broadcom (NASDAQ: BRCM) from Buy to Hold and maintained a $40 price target. Mobley began the note by referencing Broadcom's June 2 announcement to divest its cellular baseband business. He continued by stating that, while the firm is...
-
Benchmark Comments on Key Takeaways from Broadcom Analyst Day
Tuesday, December 10, 2013 - 12:33pm | 205In a report published Tuesday, Benchmark Company analyst Gary Mobley reiterated a Buy rating and $35.00 price target on Broadcom Corporation (NASDAQ: BRCM). In the report, Benchmark Company noted, “What is [it] going to take for the company to shake the perception current management continues to...
-
UPDATE: Benchmark Company Initiates Coverage on QuickLogic as Company Can Tap Into More Revenue Streams
Tuesday, December 3, 2013 - 8:26am | 185In a report published Tuesday, Benchmark Company analyst Gary Mobley initiated coverage on QuickLogic (NASDAQ: QUIK) with a Speculative Buy rating and $5.50 price target. In the report, Benchmark Company noted, “We are initiating coverage of Quicklogic with Speculative Buy rating and $5.50 price...
-
UPDATE: Benchmark Company Downgrades ARM Holdings plc on Less Favorable View of Chip Sector
Monday, October 28, 2013 - 10:11am | 169In a report published Monday, Benchmark Company analyst Gary Mobley downgraded the rating on ARM Holdings plc (NASDAQ: ARMH) from Buy to Hold, and lowered the price target from $54.00 to $50.00. In the report, Benchmark Company noted, “Due primarily to our less favorable opinion of the chip group...
-
Benchmark Reiterates Buy on EZchip Semiconductor Following nPower X1 NPU Announcement
Thursday, September 12, 2013 - 10:09am | 168In a report published Thursday, Benchmark Company analyst Gary Mobley reiterated a Buy rating and $40.00 price target on EZchip Semiconductor Ltd. (NASDAQ: EZCH). In the report, Benchmark Company noted, “Before the market open on Thursday, Cisco announced its first generation nPower network...
-
UPDATE: Benchmark Initiates Coverage on MaxLinear on Multiple Positive Factors
Friday, September 6, 2013 - 11:22am | 153In a report published Friday, Benchmark Company analyst Gary Mobley initiated coverage on MaxLinear (NYSE: MXL) with a Buy rating and $11.00 price target. In the report, Benchmark Company noted, “We are initiating coverage of Maxlinear with a Buy rating and $11 price target. Our investment thesis...
-
UPDATE: Benchmark Company Downgrades Fusion-IO on Negative Outlook
Thursday, August 8, 2013 - 8:03am | 245In a report published Thursday, Benchmark Company analyst Gary Mobley downgraded Fusion-IO (NYSE: FIO) from Buy to Hold, and lowered the price target from $25.00 to $13.00. In the report, Benchmark Company noted, “Covering and modeling FIO is tricky task because: 1) the market FIO serves did...
-
Benchmark Company Reiterates Buy on Entropic Communications Following Mixed Results
Wednesday, July 3, 2013 - 10:28am | 194In a report published Wednesday, Benchmark Company analyst Gary Mobley reiterated a Buy rating and $6.00 price target on Entropic Communications (NASDAQ: ENTR). In the report, Benchmark Company noted, “After the market close on Tuesday, Entropic issued mixed news. On one hand, the company...
-
UPDATE: Benchmark Downgrades STEC Following Western Digital Purchase Announcement
Monday, June 24, 2013 - 9:56am | 202In a report published Monday, Benchmark analyst Gary Mobley downgraded the rating on STEC (NASDAQ: STEC) from Hold to Sell, but reiterated the $4.50 price target. In the report, Benchmark Company noted, “In a move that is not entirely surprising, Western Digital announced the intent to acquire...
-
UPDATE: Benchmark Initiates Audience with Hold, Awaiting Better Risk/Reward
Wednesday, June 5, 2013 - 9:33am | 184In a report published Wednesday, Benchmark Company analyst Gary Mobley initiated coverage on Audience (NASDAQ: ADNC) with a Hold rating and $15.00 price target. In the report, Benchmark Company noted, “We are initiating coverage of Audience, Inc. with a Hold rating and $15.00 price target....
-
NetLogic Microsystems: Bullet-Proof Growth Story? (NETL)
Thursday, February 25, 2010 - 8:36am | 162Benchmark Capital analyst Gary Mobley has initiated coverage on NetLogic Microsystems, Inc. (Nasdaq: NETL). He has started the company with a Hold rating and thinks the company is a, "Nearly a bullet-proof growth story." That being said, he feels that the upside might be limited here. "We are...