altera

In a report published by J.P. Morgan, Altera (NASDAQ: ALTR) reiterated its guidance as expected but is still concerned about inventory correction. J.P. Morgan reported that, yesterday, after the close, Altera provided an update on its business for the first two months of its 1Q11. “The company...

Piper Jaffray released its industry note today on semiconductors and highlighted some of the manufacturers they track. Altera (ALTR) is rated Overweight. Our $48 price target is based on 18x CY11E EPS. Risks for Altera include: 1) reliance on foundries for wafer production, 2) competition 3)...

Auriga USA has initiated coverage for the following companies: Altera Corporation (NASDAQ: ALTR) price target: $34 Xilinx, Inc. (NASDAQ: XLNX) price target: $29

Piper Jaffray expects capital spending to increase over the next year for the semiconductor and enabling technologies markets, believing that foundries and NAND flash makers will need to continue spending aggressively in order to meet demands. Growth for the flash bits per wafer is slowing while...

Altera Corporation (NASDAQ: ALTR) is expected to continue delivering strong growth through 3Q and 4Q, driven by demand for wireless infrastructure, driving a multi-year upgrade cycle that is entirely to Altera's benefit, according to Piper Jaffray. Piper Jaffray believes Altera is well positioned...