By: Benzinga
December 05, 2012 at 10:29 AM EST
UPDATE: ISI Group Downgrades Altera Corporation to Hold, Lowers PT
In a report published Wednesday, ISI Group downgraded its rating on Altera Corporation (NASDAQ: ALTR ) from Buy to Hold, and lowered its price target from $35.00 to $30.00. ISI Group noted, “Our revised view is predicated on potential downside to both revenue and gross margin, primarily from greater than
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