Mellanox Technologies, Ltd. Message Board

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Technology Stocks : Mellanox Technologies, Ltd.

MLNX 124.89

0.0%

Apr 27 4:00 PM EDT

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From: Jim Mullens	2/18/2020 11:33:30 AM
	of 954

Susquehanna Upgrades Mellanox Technologies to Positive From Neutral; Price Target is $145 8:10 AM ET, 02/18/2020 - MT Newswires 08:10 AM EST, 02/18/2020 (MT Newswires) -- Mellanox Technologies' (MLNX) average rating among analysts is a hold, with an average price target of $131. >>>>>>>>>>>>>>>>>> seekingalpha.com Mellanox gets new Street-high target Feb. 18, 2020 7:46 AM ET\|About: Mellanox Technologies, Ltd. (MLNX)\|By: Brandy Betz, SA News Editor Susquehanna upgrades Mellanox (NASDAQ: MLNX) from Neutral to Positive, citing Nvidia's (NASDAQ: NVDA) comments last week that talks with Chinese regulators were progressing. Analyst Christopher Rolland sees three likely outcomes: lack of approval, approval, or "adding a ‘sweetener’ to extend" the merger. Rolland says all three are positive for Mellanox. The analyst estimates that approval before June 10 would result in a $125/share takeout price, a lack of approval could push shares to $160 over time, and the sweetener could push the deal to $145. Susquehanna raises its MLNX target from $125 to $145. Mellanox shares are down 0.1% pre-market to $121. Now read: Visit our Investing

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