Showing posts with label MaxLinear. Show all posts
Showing posts with label MaxLinear. Show all posts

Thursday, August 11, 2011

Tortoise (TYN) (RAH) (MXL) (CINF) (ONNN) (CLR) Upgraded

Tortoise North American Energy Corp (NYSE: TYN), Ralcorp Holdings, Inc. (NYSE: RAH), MaxLinear Inc (NYSE: MXL), Cincinnati Financial (NASDAQ: CINF), ON Semiconductor (NASDAQ: ONNN) and Continental Resources, Inc. (NYSE: CLR) upgraded by analysts.

Tortoise North American Energy Corp. (TYN) was upgraded by Robert W. Baird from a “Neutral” rating to an “Outperform” rating. They have a price target of $26.00 on the company.

Ralcorp Holdings, Inc. (RAH) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $84.00 on the company.

MaxLinear Inc. (MXL) was upgraded by Needham & Company from a “Buy” rating to a “Strong Buy” rating. They have a price target of $11.00 on the company.

Cincinnati Financial (CINF) was upgraded by Deutsche Bank (NYSE:DB) from a “Sell” rating to a “Hold” rating. They have a price target of $23.00 on the company. They cited valuation as the catalyst behind the call.

ON Semiconductor (ONNN) was upgraded by Jefferies (NYSE:JEF) to a “Buy” rating. They have a price target of $9.50 on the company.

Continental Resources, Inc. (CLR) was upgraded by Morgan Keegan from a “Market Perform” rating to an “Outperform” rating. They have a price target of $73.00 on the company.

Monday, August 1, 2011

Colgate (CL) (CME) (ALSK) (HOT) (MXL) (N) Price Targets Changed

Colgate-Palmolive Company (NYSE: CL), CME Group Inc. (NYSE: CME), Alaska Communications Systems Group, Inc (NASDAQ: ALSK), Starwood Hotels (NYSE: HOT), MaxLinear Inc (NYSE: MXL) and NetSuite Inc. (NYSE: N) price targets adjusted by analysts.

CME Group Inc. (CME) had its price target boosted by UBS AG (NYSE:UBS) from $318.00 to $325.00. They have a “Buy” rating on the company.

Colgate-Palmolive Company (CL) had its price target raised by RBC Capital from $86.00 to $90.00. They have a “Sector Perform” rating on the company.

Alaska Communications Systems Group, Inc. (ALSK) had its price target lowered by RBC Capital from $10.00 to $8.00. They have a “Sector Perform” rating on the company.

Starwood Hotels (HOT) had its price target raised by FBR Capital from $63.00 to $66.00. They have a “Market Perform” rating on the company.

MaxLinear Inc. (MXL) had its price target lowered by Stifel Nicolaus from $12.00 to $10.00. They have a “Buy” rating on the company.

NetSuite Inc. (N) had its price target raised by FBR Capital from $28.00 to $30.00. They have a “Market Perform” rating on the company.

Monday, July 18, 2011

Marriott (MAR) (MRVL) (MXL) (RAH) (SGEN) Price Targets Changed

Marriott (NYSE: MAR), Marvell Technology Group (NASDAQ: MRVL), MaxLinear Inc (NYSE: MXL), Ralcorp Holdings, Inc. (NYSE: RAH) and Seattle Genetics, Inc. (NASDAQ: SGEN) price targets changed.

Marriott (MAR) had its price target lowered by Rodman & Renshaw from $43.00 to $38.00. They have a “market perform” rating on the company.

Marvell Technology Group (MRVL) had its price target lowered by Needham & Company from $22.50 to $19.50. They have a “buy” rating on the company.

MaxLinear Inc (MXL) had its price target lowered by analysts at

Needham & Company from $13.00 to $11.00. They have a “buy” rating on the company.

Ralcorp Holdings, Inc. (RAH) had its price target lowered by Longbow Research from $98.00 to $95.00. They have a “buy” rating on the company.

Seattle Genetics, Inc. (SGEN) had its price target raised by Oppenheimer from $21.00 to $24.00. They have an “outperform” rating on the company.

Monday, May 16, 2011

Ratings on (MU) (MCD) (MXL) (OAS) (ONNN) Reiterated

Ratings on shares of Micron Technology, Inc. (NASDAQ: MU), McDonald’s (NYSE: MCD), MaxLinear Inc (NYSE: MXL), Oasis Petroleum Inc. (NYSE: OAS) and ON Semiconductor (NASDAQ: ONNN) were reiterated by analysts.

Sterne Agee placed a price target of $17.00 on Micron Technology, Inc. (MU).

Sterne Agee reiterated a “buy” rating on McDonald’s (MCD).

Deutsche Bank (NYSE:DB) reiterated a “buy” rating on MaxLinear Inc (MXL). They have a price target of $12.00 on the company.

Sterne Agee reiterated a “neutral” rating on NVIDIA (NVDA).

Wunderlich reiterated a “buy” rating on Oasis Petroleum Inc. (OAS).

Deutsche Bank reiterated a “buy” rating on ON Semiconductor (ONNN). They have a price target of $15.00 on the company.

Tuesday, January 11, 2011

MaxLinear (NYSE:MXL) Soars on Cable Receivers Growth

Expectations for the communication semiconductor market in 2011 are high from Needham & Company, and the increased their outlook for MaxLinear (NYSE:MXL) on the strength of the industry and company’s cable receivers' growth outlook.

Needham noted, "As discussed in our industry report, we believe that four primary themes will drive the communication semiconductor market in 2011, including 1) the rapid growth of mobile connected devices such as smartphones and tablets, 2) the growing complexity of RF front-ends for mobile connected devices, 3) increasing attach rates of WLAN, Bluetooth and GPS functionality in mobile devices and consumer electronics and 4) the migration towards cloud computing and to higher bandwidth mobile networks."

"Specifically for MXL, we expect the ramp of the company’s cable receivers to drive sequential revenue growth through 2011," they added.

Needham said they're "introducing 2012 revenue and non-GAAP EPS estimates of $120MM/$0.65, representing 33.3% and 62.9% growth over 2011, respectively."

Needham & Company maintains a 'Buy' on MaxLinear, which closed Monday at $11.97, gaining $0.98, or 8.92 percent. Needham raised their price target from $12 to $15 on MaxLinear.