QLogic Co. (NASDAQ: QLGC), Precision Castparts (NYSE: PCP), Old Dominion (NASDAQ: ODFL), O2Micro International Limited (NASDAQ: OIIM), NetLogic Microsystems, Inc. (NASDAQ: NETL) and EQT Corp. (NYSE: EQT) price targets adjusted by analysts.
QLogic Co. (QLGC) had its price target lowered by Morgan Keegan to $21.00.
Precision Castparts (PCP) had its price target raised by RBC Capital from $177.00 to $192.00. They have a “Top Pick” rating on the company.
Old Dominion (ODFL) had its price target raised by Deutsche Bank (NYSE:DB) to $46.00.
O2Micro International Limited (OIIM) had its price target raised by Deutsche Bank to $49.00.
NetLogic Microsystems, Inc. (NETL) had its price target lowered by UBS AG (NYSE:UBS) from $48.50 to $44.00. They have a “Buy” rating on the company.
EQT Corp. (EQT) had its price target raised by RBC Capital from $69.00 to $76.00. They have an “Outperform” rating on the company.
Showing posts with label Qlogic. Show all posts
Showing posts with label Qlogic. Show all posts
Monday, August 1, 2011
Tuesday, January 4, 2011
Hewlett-Packard (NYSE:HPQ), EMC (NYSE:EMC), Amphenol (NYSE:APH), Tyco (NYSE:TEL), QLogic (NASDAQ:QLGC), Jabil Circuit (NYSE:JBL) Among RBC's Top Tech Picks
RBC Capital released its top tech picks for 2011, among them, and across the spectrum, were Hewlett-Packard (NYSE:HPQ), EMC (NYSE:EMC), Amphenol (NYSE:APH), Tyco (NYSE:TEL), QLogic (NASDAQ:QLGC) and Jabil Circuit (NYSE:JBL).
This year's picks were based more on companies offering secular growth potential and not "pent-up demand" temporarily accelerated by a perceived recovery move.
RBC Capital analyst Amit Daryanani said his large cap picks like Hewlett Packard, are preferred because of Hewlett's focus on stable growth in its printer supply and IT businesses.
EMC he likes because he sees them spending strongly in 2011 on its enterprise data storage.
He has an "outperform" rating on both companies.
Hewlett-Packard was trading at $43.40, up $0.66, or 1.52 percent, as of 12:45 PM EST. EMC was trading at $22.86, down 0.25, or 1.06 percent. Tyco Electronics was trading at $35.36, down $0.88, or 2.43 percent. Amphenol was down to 52.49, falling $0.92, or 1.72 percent. QLogic was trading at $16.78, losing $0.46, or 2.67 percent. Jabil Circuit was trading at $20.62, dropping $0.27, or 1.29 percent.
This year's picks were based more on companies offering secular growth potential and not "pent-up demand" temporarily accelerated by a perceived recovery move.
RBC Capital analyst Amit Daryanani said his large cap picks like Hewlett Packard, are preferred because of Hewlett's focus on stable growth in its printer supply and IT businesses.
EMC he likes because he sees them spending strongly in 2011 on its enterprise data storage.
He has an "outperform" rating on both companies.
Hewlett-Packard was trading at $43.40, up $0.66, or 1.52 percent, as of 12:45 PM EST. EMC was trading at $22.86, down 0.25, or 1.06 percent. Tyco Electronics was trading at $35.36, down $0.88, or 2.43 percent. Amphenol was down to 52.49, falling $0.92, or 1.72 percent. QLogic was trading at $16.78, losing $0.46, or 2.67 percent. Jabil Circuit was trading at $20.62, dropping $0.27, or 1.29 percent.
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