Instinet (Nomura) Downgrades Silicon Motion Technology (SIMO) to Neutral
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Needham & Company Reiterates Buy on Silicon Motion Technology (SIMO) Following 4Q Report
January 24, 2017 1:46 PM ESTNeedham & Company reiterated a Buy rating and $60.00 price target on Silicon Motion Technology (NASDAQ: SIMO) following the company's 4Q report and guidance update. Silicon Motions 4Q results came in at: $144.2 million in revenue, slightly above the $141.9 consensus. $0.95 Non-GAAP EPS was above the consensus estimate of $0.90.... More
