By: Benzinga
UPDATE: JP Morgan Upgrades Rambus to Overweight on Valuation
JP Morgan raised its rating on Rambus (NASDAQ: RMBS ) from Neutral to Overweight with a reiterated $7 price target. JP Morgan noted, "After falling 46% year-to-date (S&P 500 up 8.1%), we think the stock, trading at trough-level
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