Silicon Motion (NASDAQ:SIMO) +4.1% after Deutsche starts coverage with a Buy and $24 PT. The firm expects SIMO to deliver strong growth thanks to growing sales of solid-state drive controller chips, which it considers "increasingly differentiated," and 4G LTE transceiver chips to Samsung. Deutsche sees these trends offsetting weaker 4G sales to other clients in 2013.
Silicon Motion (NASDAQ:SIMO) +4.1% after Deutsche starts coverage with a Buy and $24 PT. The...
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Symbol | Last Price | % Chg |
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SIMO | - | - |
Silicon Motion Technology Corporation |