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BAC chip stock ratings
Posted on February 7th, 2010 No commentsBAC chip stock ratings
Thursday Banc of America Securities released Dell Latitude D620 Battery a report on three communications chip unit initial ratings. Bank of America (BAC) said, Broadcom Corp. And Atheros Communications Inc.’s Optimistic about the prospects for worthwhile. The broker of the Marvell Technology Group Ltd.’s Optimistic about a lesser extent than the former two.
Banc of America Securities analyst Su Mite – Danda (Sumit Dhanda), said, Broadcom (BRCM) will open a new chapter of growth, while the Wi-Fi chip supplier Atheros (ATHR) is expected to become the semiconductor industry, a larger company . Danda these two chip-making unit’s initial ratings were as a “buy.”
Tanda wrote in a research report Dell Latitude D820 Battery, in the stagnant revenue growth through the year after, headquartered in Irvine, California’s Broadcom “is expected to start a new round of growth”, “Our buy rating based on the next few quarters Sales will continue to grow above expectations. ”
Danda Broadcom over the years found the mobile phone market to open up the final will receive a return, the company’s core markets – cable and satellite TV providers sell TV set-top box chips – after going through overstock again started to rise.
Bank of America for the Broadcom shares set a 12-month target Dell Inspiron 6000 Battery price of 42 dollars. As of 2:58 pm U.S. East Coast daylight saving time in the Nasdaq-listed Broadcom shares rose 1.1% to 35.74 U.S. dollars.
Santa Clara, Calif.-based Atheros – The company was founded in February 2004 listing – has proved that he is the supply of Wi-Fi chipset market, with an Broadcom and Intel competition, a formidable adversary. So far this year, Atheros’s share price has increased by 48%.
Danda that the Atheros will successfully copied to the non-PC market – such as mobile phones, digital music players and printers. He pointed out: “We believe that management has a good record of implementation indicates that Atheros optimistic about the prospect of entering new Dell Inspiron 1420 Battery markets.”
The analyst set a target for the Atheros stock price 38 U.S. dollars. Thursday late afternoon, the stock fell 1.7%, to 30.80 U.S. dollars.
Danda said, headquartered in Santa Clara, California, Marvell (MRVL) is facing a more difficult path.
He said: “In the Marvell spent mainly by the hard disk drive hp pavilion dv8000 battery market share gains driven by strong growth period, we will be shares of Marvell as a growth point of view is adjusting.”
Over the past year, Marvell acquired four production lines in order to enter the consumer electronics market. In addition, recently completed its investigation of stock option accounting practices, Marvell’s management has been adjusted. Marvell is currently looking for a new chief financial officer.
The company designs chips used for hard disk drives, mobile phones, with Wi-Fi enabled electronic products and Internet infrastructure, its biggest customers include Samsung Electronics, Western Digital Corp. and Japan’s Toshiba.
Danda view, Marvell is the company should benefit from the hard disk drive hp pavilion dv9000 battery market, the recent strength benefit.
Not long ago, Western Digital (WDC) and Seagate Technology (STX) – the world’s largest manufacturer of two hard drives – have increased third-quarter revenue target.
Bank of America to set goals for the Marvell stock price of 17 U.S. dollars. The stock was up 1 percent from hp pavilion zd7000 battery late Thursday, to 16.54 U.S. dollars.


