Omnivision Technologies (OVTI) Tops Q4 EPS by 1c; Guides Q1 Revenue Ahead of Views
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Needham & Company Downgrades OmniVision Technologies (OVTI) to Hold on Pending Takeout
May 29, 2015 2:01 PM EDTNeedham & Company downgraded OmniVision Technologies (NASDAQ: OVTI) from Buy to Hold.
Analyst Rajvindra Gill commented, "OVTI reported strong results in the April quarter and offered significantly better than expected guidance for the July quarter. The company continues to execute on its cost cutting... More
Wedbush Raises Price Target on Omnivision Technologies (OVTI) Following FQ4 Results
May 29, 2015 8:31 AM EDTWedbush maintains a Neutral rating on OmniVision Technologies (NASDAQ: OVTI), and raised the price target to $29.00 (from $27.00), following FQ4. Pro forma EPS of $0.22 was slightly above Street expectations of $0.21. Revenue of $285.9MM was also above expectations of $280MM.
Analyst Betsy Hees... More
