Mellanox (MLNX +3.9%) rallies after ThinkEquity lifts its PT to $43. The firm likes Oracle's...


Mellanox (MLNX +3.9%) rallies after ThinkEquity lifts its PT to $43. The firm likes Oracle's (ORCL) upbeat earnings call remarks about its Engineered Systems business, which grew 139% Y/Y. Oracle took a 10.2% stake in Mellanox in 2010, and the latter's InfiniBand adapters are used in the former's Exadata and Exalogic systems. ThinkEquity also believes Intel's Romley launch bodes well for Mellanox.

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