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Needham & Company Cuts Price Target on Integrated Device Technology (IDTI) Following 1Q Results
August 2, 2016 7:57 AM EDTNeedham & Company maintained a Buy rating on Integrated Device Technology (NASDAQ: IDTI), and cut the price target to $25.00 (from $27.00), following the company's 1Q earnings report. IDTI reported revenue of $192MM, above Needham's $191MM estimate, while $0.36 NG EPS was in line. IDT guided F2Q17 revenue to... More
