UPDATE: The Benchmark Company Adjusts Rating to Speculative Buy on MOSYS
A report from The Benchmark Company changes its rating from Buy to Speculative Buy and reiterates its $7.50 price target on MOSYS (NASDAQ: MOSY).
The report states, “Based on evidence the development of MoSys’ Bandwidth Engine IC is progressing according to plan, we are maintaining our positive stance. In accordance with The Benchmark Company’s expanded rating system, we are changing our rating from “Buy” to “Speculative Buy”.”
MOSY closed yesterday at $3.83.
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