Seeking Alpha

Nomura keeps a cautious tone on Altera (ALTR), maintaining a Reduce rating and a dour $33 price...

Nomura keeps a cautious tone on Altera (ALTR), maintaining a Reduce rating and a dour $33 price target on shares. Analysts see ongoing pressure for the firm from the slow recovery in wireless spending and find Altera's valuation too pricey.
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