Several brokerage firms initiated coverage on Adesto Technologies Corp. (IOTS) shares, including Needham with a Strong Buy rating and a price target of $10.00, Oppenheimer with an Outperform rating and a price objective of $8.00 and ROTH Capital, which rated the company's stock as Buy and a $10.00 price target
Adesto recently reported third quarter 2015 revenue o $11.1 million, an 11.1% increase year over year, and non-GAAP net loss of ($0.7) million, or ($0.07) per share, compared to non-GAAP net loss of ($1.9) million, or ($0.20) per share in the same period the prior year
Adesto is a leading provider of application-specific, feature-rich, ultra-low power non-volatile memory products.
Investment analysts at Citigroup upgraded shares of Imperial Tobacco Group PLC (ITYBY) from a Neutral to a Buy rating
Imperial Tobacco posted fiscal 2015 adjusted operating profit of 3.05 billion pounds, representing a 2.4% increase compared to fiscal 2014. Recent rumors in the street indicated that one of the company’s peers could be about to make an offer for the group.
Imperial Tobacco Group is a leading international tobacco company. Its core business is built around a tobacco portfolio that offers consumers comprehensive brand choice
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