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Enter Symbol:
Rating: MLNX
Overweight $65

Mellanox Technologies, Ltd. (NASDAQ: MLNX) upgraded to Overweight with price target $65 by Piper Jaffray

Tuesday,  Dec 8, 2015  10:25 AM ET by Lynn Gilbert

Piper Jaffray upgraded Mellanox Technologies, Ltd. (NASDAQ: MLNX) to Overweight with price
target $65. Previously, Piper Jaffray rated Mellanox Technologies, Ltd. (NASDAQ: MLNX) to Neutral on 07/25/2013, when the stock price was valued at $47.21.

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.

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