Mellanox (MLNX +3.4%) gains after Pacific Crest upped the shares to Outperform earlier today,...

|About: Mellanox Technologies, Ltd. (MLNX)|By:, SA News Editor

Mellanox (MLNX +3.4%) gains after Pacific Crest upped the shares to Outperform earlier today, saying the shares should benefit from an increase in bandwidth spending over the next year. The firm also boosts its estimates to reflect growing momentum in Web 2.0 and increasing storage and HPC adoption.