2/23: Two analysts downgrade ($85, $90 targets), stock gets obliterated, but lots of buying at $100.
2/24: Stock keeps going down pre-market...then Citron very publicly announces that it has covered its short. Stock perks up.
2/27: Goldman reissues conviction buy, $130.
Considering recent pullback (-8%+ from last Wednesday through Friday, -9%+ since late January) an acquiring or initiation opportunity, analyst Toshiya Hari expects multi-year secular growth stories in gaming, data center and automotive to remain steady. Further anticipates favorable revisions to estimates over coming quarters and consequent share pricing outperformance.
Submitted February 27, 2017 at 10:33AM by dvdmovie1 http://ift.tt/2m2TOul
