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Analysts at Collins Stewart released a note on Volterra Semiconductor
VLTR which is expected to release its quarterly earnings results on October 25th. The analysts wrote, "We are looking for Volterra to report largely inline Q3 results. While enterprise PC/Server demand continues to be meaningfully more robust than consumer, we anticipate that more meaningful upside in 2H'10 results will be limited by a slower than anticipated enterprise PC refresh as indicated by INTC last night consistent with our recent checks out of Asia."
The firm said that inline quarterly results would limit near-term share appreciation, but that their longer-term BUY rating and $35 price target "reflects continued market share gains and tailwinds from the ramp of Intel's Sandy Bridge platform in 2011." During today's trading session, VLTR shares have fallen 1.65% to $20.30.
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