Atheros Communications

FBR Capital Markets has published a research report on Atheros Communications (NASDAQ: ATHR) and has downgraded the company from Outperform to Market Perform. In the report, FBR Capital writes, "With Qualcomm's acquisition of Atheros imminent, we are downgrading ATHR from Outperform to Market...

Noting yesterday's report that Qualcomm (NASDAQ: QCOM) was in talks to acquire Atheros Communications, Inc. (NASDAQ: ATHR) for $45/share, Piper Jaffray said it believes the combination makes sense for both companies. “ATHR is nearing a $1B annual run rate and there is a significant chasm to reach $...

Piper Jaffray has downgraded Atheros Communications (NASDAQ: ATHR) from Overweight to Neutral and has raised the price target from $38 to $45.

Piper Jaffray said that it expects 2011 to be the year that Home Hybrid Networks start to gain significant traction. “Adoption will be driven by a number of factors. First driver is WiFi pollution,” Piper Jaffray writes. “In densely populated areas, WiFi access points and other devices operating in...

Recent checks suggest Atheros Communications, Inc. (NASDAQ: ATHR) is tracking in the upper half of 4Q revenue guidance (–9% to –11% QOQ) due to strength in handset and game console WiFi, optical networking in Asia, and with stability in PC WiFi, FBR Capital reports. “For 1Q11, we think Atheros...

Atheros Communications, Inc. (NASDAQ: ATHR) reported Q3 revenues of $247 million, “in-line with our estimate of $247 million and just below consensus of $248 million,” Deutsche Bank reports. “Pro-forma EPS of $0.67 was also in-line with our estimate and consensus of $0.67.” The company guided...