je.st
news
Wells Fargo turns bullish on chip stocks, upgrades MU/ADI/MSCC
2016-03-05 03:01:01| Semiconductors - Topix.net
Following a rough 2015 in which weak PC demand, slowing smartphone growth, plunging memory prices, and a late-year inventory correction all weighed, Wells Fargo's David Wong thinks a chip industry recovery is on the way. His rating for the sector has been upped to Overweight from Market Weight, and his ratings for Micron , Analog Devices , and Microsemi in particular have been raised to Outperform.
Tags: turns
chip
stocks
wells
Category:Electronics and Electrical