B. Riley Downgrades Exar Corp. (EXAR) to Neutral

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Cowen Cuts Exar (EXAR) to Market Perform Following CEO Departure

October 20, 2015 2:24 PM EDT

Cowen downgraded Exar Corp. (NYSE: EXAR) from Outperform to Market Perform with a price target of $7.00 (from $11.00).

Earlier Exar said Louis DiNardo will step down as President and CEO. It also reported preliminary second quarter fiscal year 2016 non-GAAP revenue of approximately $37 million and non-GAAP earnings per... More