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Enter Symbol:
 
Qlogic Corporation (QLGC) [hlAlert]

Rating:
Buy QLGC
up 13.16 %

Qlogic Corporation (QLGC) rated Buy with price target $14 by Argus

Posted on: Monday,  Aug 3, 2015  8:25 AM ET by Argus

Argus rated Buy Qlogic Corporation (NASDAQ: QLGC) on 08/03/2015, when the stock price was $8.89. Since
then, Qlogic Corporation has gained 13.16% as of 01/22/2016's recent price of $10.06.
If you would have followed this Argus's recommendation on QLGC, you would have gained 13.16% of your investment in 172 days.

QLogic Corporation simplifies the process of networking storage for OEMs, resellers and system integrators with the only end-to-end infrastructure in the industry, consisting of award-winning controller chips, host bus adapters, network switches and management software to move data from the storage device through the fabric to the server. QLogic designs and produces solutions based on all storage network technologies including SCSI, iSCSI, InfiniBand and Fibre Channel. A member of the S&P 500 Index.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/3/2015 8:25 AM Buy
None
8.89 14.00
as of 8/27/2015
1 Week up  7.93 %
1 Month down  -35.05 %
3 Months down  -34.84 %
1 YTD up  13.16 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2015 8:25 AM Buy
None
14.79 19.00
5/1/2009 8:25 AM Hold
None
13.45
9/30/2008 9:25 AM Buy
None
15.31

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