Altera (ALTR) Guides Lower

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Nomura Sees More Downside in Altera (ALTR)

December 5, 2012 8:55 AM EST

Yesterday Altera (NASDAQ: ALTR) announced it was lowering Q4 guidance, its third miss in four quarters. In response, Nomura Securities maintained a Reduce rating on Altera and cut its price target to $27.00 (from $29.00), as analysts see more downside in the stock.

"We... More

ISI Group Downgrades Altera (ALTR) to Hold

December 5, 2012 7:08 AM EST

ISI Group downgraded Altera (NASDAQ: ALTR) from Buy to Hold with a price target of $30.00 (from $35.00) following lower guidance.

For an analyst ratings summary and ratings history on Altera click here.... More