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Technology Stocks : IXYS Corp. (SYXI) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Radley who wrote (84)	10/27/2010 4:03:47 PM
From: Arthur Radley	1 Recommendation Respond to of 87

Needham & Company Reiterates a 'Buy' on IXYS Corporation (IXYS); Strong SepQ2 Results and Solid Guide 10:41 am ET 10/27/2010 - StreetInsider Needham & Company reiterates a 'Buy' on IXYS Corporation (Nasdaq: IXYS), raises PT from $10 to $13. Needham analyst says, "The robust GM of 35.4% was above our estimate of 34.8% and is the highest since FY2001. Going forward, the challenges for IXYS will be to navigate the softer macroeconomic environment and juggle the backlog levels appropriately. We increased our FY2011 revenue/EPS from $341M/$0.85 to $351M/$0.90 and left our FY2012 revenue/EPS unchanged at $367M/$1.05. Given the bullish outlook relative to its peers, we raised our price target to $13 and reiterate our rating." To see all the upgrades/downgrades on shares of IXYS, visit our Analyst Ratings page. Shares are currently trading at $10.72, down $0.06 (-0.56%)