By: Benzinga
UPDATE: BMO Capital Markets Reiterates Market Perform Rating, Raises PT on Emulex Corporation
In a report published Friday, BMO Capital Markets reiterated its Market Perform rating on Emulex Corporation (NYSE: ELX ), but slightly lowered its price target from $7.00 to $6.75. BMO Capital Markets noted, “The 10GbE market opportunity has been a disappointment for ELX, as well as the industry. We estimate
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