QLogic Reports First Quarter Results for Fiscal Year 2016
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/22/2026
- Wall Street indexes dip with technology earnings, rising oil in focus
- Google increases capex forecast again after cloud-driven quarterly beat
- As Musk pivots beyond cars, Tesla’s autos engine is under strain
- Oil settles up more than 3% to six-week high as Mideast conflict threatens oil transit routes
- Can Alphabet earnings reignite investor enthusiasm for the Magnificent Seven?
- Emirates refusing to take delivery of first 10 Boeing 777X jets
- Intersnack to acquire Utz Brands at $14.25 per share in go-private deal
- Crude Inventory Rose 2 Million Barrels Last Week - EIA
- Wall St ends higher on chip stocks recovery; earnings in focus
- Palo Alto Networks to acquire Embrace to expand observability tools
Summit Research Downgrades QLogic (QLGC) to Hold
July 31, 2015 8:41 AM EDTSummit Research downgraded QLogic (NASDAQ: QLGC) from Buy to Hold with a price target of $11.00 (from $16.00).
Analyst Srini Nandury commented, "We are downgrading QLGC to HOLD and establishing a new PT of $11 (down from $16) following a disappointing quarter and a material reset... More
BMO Capital Downgrades QLogic (QLGC) to Market Perform
July 31, 2015 7:07 AM EDTBMO Capital downgraded QLogic (NASDAQ: QLGC) from Outperform to Market Perform with a price target of $10.50 (from $12.00).
For an analyst ratings summary and ratings history on QLogic click here. For more ratings news on QLogic click here.
Shares of QLogic closed at $11.38 yesterday.
... MoreQLogic Corp (QLGC) Reports In-Line Q1 EPS
July 30, 2015 4:16 PM EDTQLogic Corp (NASDAQ: QLGC) reported Q1 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $113.4 million versus the consensus estimate of $120.61 million.
For earnings history and earnings-related data on QLogic Corp (QLGC) click here.
... More