Mellanox Technologies, Ltd. Updates Guidance for Third Quarter 2015
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Jefferies Cuts Price Target on Mellanox Technologies (MLNX) Following EXCH Acquisition
October 1, 2015 8:28 AM EDTJefferies reiterated a Hold rating on Mellanox Technologies (NASDAQ: MLNX), and cut the price target to $42.00 (from $50.00), following the company's acquisition of EZCH.
Analyst James Kisner commented, "MLNX's acquisition of EZCH enhances the company's switching efforts and expands its presence in the... More
Mellanox Technologies (MLNX) Boosts Q3 Outlook on Heels of EZchip Deal
October 1, 2015 7:37 AM EDTMellanox Technologies (NASDAQ: MLNX) nnounced that the company has updated its third quarter 2015 financial guidance on the heels of its September 30, 2015, announcement that it has entered into a definitive agreement to acquire EZchip (Nasdaq: EZCH) and the... More
