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Enter Symbol:
 
Altera Corporation (ALTR) [hlAlert]

Rating:
Outperform
ALTR
up 33.57 %

Altera Corporation (ALTR) rated Outperform with price target $54 by FBR Capital

Posted on: Monday,  Jun 1, 2015  1:25 PM ET by FBR Capital

FBR Capital rated Outperform Altera Corporation (NASDAQ: ALTR) on 06/01/2015. Previously FBR Capital rated Outperform Altera Corporation (NASDAQ: ALTR) on 04/03/2014.,
when the stock price was $36.40. Since then, Altera Corporation has gained 33.57% as of 08/27/2015's recent price of $48.62.
If you would have followed the previous FBR Capital's recommendation on ALTR, you would have gained 33.57% of your investment in 511 days.

Altera Corporation designs, manufactures, and markets a broad range of high-performance, high-density programmable logic devices and associated development tools, focusing on ease of use, lower risk, and fast time-to-market. Altera's solution to customer needs includes a combination of silicon and software products. The company sells the widest range of product families, allowing customers to find the density, speed, and package type to meet almost any need.

FBR Capital uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/1/2015 1:25 PM Buy
None
54.00
as of 10/17/2014
1 Week up  4.19 %
1 Month down  -11.31 %
3 Months down  -5.73 %
1 YTD down  -10.65 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/3/2014 12:00 AM Buy
None
36.40

(*) Stock Price at the time of the recommendation.
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