Published On: Wed, Oct 19th, 2016

Current Price Targets For Mellanox Technologies, Ltd. (NASDAQ:MLNX)


Recently stock market analysts have updated their consensus ratings on shares of Mellanox Technologies, Ltd. (NASDAQ:MLNX).

Most recent broker ratings

07/28/2016 – Pacific Crest began new coverage on Mellanox Technologies, Ltd. giving the company a “sector weight” rating.

07/21/2016 – Mellanox Technologies, Ltd. had its “overweight” rating reiterated by analysts at Piper Jaffray. They now have a USD 64 price target on the stock.

07/21/2016 – Mellanox Technologies, Ltd. had its “buy” rating reiterated by analysts at Brean Capital. They now have a USD 60 price target on the stock.

06/23/2016 – Mellanox Technologies, Ltd. had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 50 price target on the stock.

06/21/2016 – Mellanox Technologies, Ltd. had its “buy” rating reiterated by analysts at Summit Redstone Partners. They now have a USD 65 price target on the stock.

04/21/2016 – Mellanox Technologies, Ltd. had its “sector perform” rating reiterated by analysts at FBN Securities. They now have a USD 50 price target on the stock.

03/02/2016 – Mellanox Technologies, Ltd. had its “neutral” rating reiterated by analysts at Sterne Agee.

02/25/2016 – Barclays began new coverage on Mellanox Technologies, Ltd. giving the company a “overweight” rating. They now have a USD 58 price target on the stock.

02/25/2016 – JP Morgan began new coverage on Mellanox Technologies, Ltd. giving the company a “overweight” rating. They now have a USD 67 price target on the stock.

02/24/2016 – Mellanox Technologies, Ltd. was upgraded to “buy” by analysts at Topeka Capital Markets. They now have a USD 60 price target on the stock.

02/02/2016 – Roth Capital began new coverage on Mellanox Technologies, Ltd. giving the company a “buy” rating. They now have a USD 60 price target on the stock.

01/28/2016 – Mellanox Technologies, Ltd. had its “buy” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 80 price target on the stock.

01/11/2016 – Mellanox Technologies, Ltd. was upgraded to “outperform” by analysts at Credit Suisse. They now have a USD 50 price target on the stock.

11/25/2015 – Mellanox Technologies, Ltd. had its “buy” rating reiterated by analysts at Nomura.

10/01/2015 – Mellanox Technologies, Ltd. had its “buy” rating reiterated by analysts at Summit Research. They now have a USD 65 price target on the stock.

Mellanox Technologies, Ltd. has a 50 day moving average of 42.29 and a 200 day moving average of 45.53. The stock’s market capitalization is 2.00B, it has a 52-week low of 37.54 and a 52-week high of 55.80.

The share price of the company (NASDAQ:MLNX) was up +0.12% during the last trading session, with a high of 42.40 and the volume of Mellanox Technologies, Ltd. shares traded was 395122.

Mellanox Technologies, Ltd. is a fabless semiconductor company. The Company designs, manufactures and sells interconnect products and solutions primarily based on the InfiniBand and Ethernet standards. The Company operates in the development, manufacturing, marketing and sales of interconnect products segment. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment and other embedded systems. It operates its business across the globe and offers products to customers at various levels of integration. The products it offers include integrated circuits (ICs), adapter cards, switch systems, cables, modules, software, services and accessories as an integral part of networking solution focused on computing, storage and communication applications used in multiple markets, including high-performance computing (HPC), Web 2.0, storage, financial services, enterprise data center (EDC) and cloud.