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Mellanox Technologies (NDAQ:MLNX) has been downgraded from Buy to Neutral in a report by Roth Capital today.

Roth Capital has downgraded Mellanox Technologies (NDAQ:MLNX) from Buy to Neutral in a report released on 04/27/2017.

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With a total market value of $0, Mellanox Technologies has PE ratio of 137.57 with a one year low of $38.75 and a one year high of $52.79 .

A total of 12 brokers have issued a report on the stock. 3 firms rating the stock a strong buy, 6 brokerages rating the stock a buy, 3 brokerages rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $63.00.

Brief Synopsis About Mellanox Technologies (NDAQ:MLNX)

Mellanox Technologies, Ltd. is a fabless semiconductor company. The Company is an integrated supplier of interconnect products and solutions based on the InfiniBand and Ethernet standards. The Company operates in the development, manufacturing, marketing and sales of interconnect products segment. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment and other embedded systems. It operates its business globally and offers products to customers at various levels of integration. The products it offers include integrated circuits (ICs), adapter cards, switch systems, multi-core and network processors, cables, modules, software, services and accessories. Together these products form a networking solution, focused on computing, storage and communication applications used in multiple markets, including high-performance computing (HPC), cloud, Web 2.0, storage, financial services, and enterprise data center (EDC).

The post Mellanox Technologies (NDAQ:MLNX) has been downgraded from Buy to Neutral in a report by Roth Capital today. appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Mellanox Technologies (NDAQ:MLNX) has been downgraded from Buy to Neutral in a report by Roth Capital today.

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