PMC - Sierra (PMCS) Tops Q3 EPS by 2c

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Go back to PMC - Sierra (PMCS) Tops Q3 EPS by 2c

Susquehanna Downgrades PMC-Sierra (PMCS) to Neutral

October 27, 2015 6:57 AM EDT

Susquehanna downgraded PMC-Sierra (NASDAQ: PMCS) from Positive to Neutral with a price target of $11.00 on the pending takeover.

Analyst Mehdi Hosseini commented, "PMCS reported a solid 3Q15, driven by Mobile and Storage, partially offset by Optical. We are downgrading from... More