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Mellanox Technologies, Ltd. (MLNX) [hlAlert]

Rating:
Buy MLNX
down 17.45 %

Mellanox Technologies, Ltd. (MLNX) rated Buy with price target $80 by Stifel

Posted on: Thursday,  Jan 28, 2016  8:25 AM ET by Stifel

Stifel rated Buy Mellanox Technologies, Ltd. (NASDAQ: MLNX) on 01/28/2016. Previously Stifel rated Buy Mellanox Technologies, Ltd. (NASDAQ: MLNX) on 06/26/2013.,
when the stock price was $50.53. Since then, Mellanox Technologies, Ltd. has lost 17.45% as of 01/28/2016's recent price of $41.71.
If you would have followed the previous Stifel's recommendation on MLNX, you would have lost 17.45% of your investment in 946 days.

Mellanox Technologies, Ltd. is a supplier of semiconductor-based, high-performance interconnect products that facilitate data transmission between servers, communications infrastructure equipment and storage systems. The Company's products are part of a solution focused on computing, storage and communication applications used in enterprise data centers, high-performance computing and embedded systems. The Company provides solutions, which are based on and meet the specifications of the InfiniBand standard in addition to products that also support the Ethernet standard. The Company's InfiniBand products include adapter integrated circuits (ICs) and cards (InfiniHost product family) and switch ICs (InfiniScale product family). Its adapter and cards (ConnectX product family) also support the Ethernet interconnect standard in addition to InfiniBand.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/28/2016 8:25 AM Buy
None
43.75 80.00
as of 8/27/2015
1 Week down  -3.26 %
1 Month down  -16.12 %
3 Months down  -15.12 %
1 YTD up  4.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2015 8:25 AM Buy
None
47.13 63.00
6/26/2013 8:25 AM Buy
None
50.53 63.00

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