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jimmybob

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jimmybob

Re: jimmybob post# 208534

Friday, 07/25/2014 8:50:04 AM

Friday, July 25, 2014 8:50:04 AM

Post# of 363828
Mellanox points to bigger than expected Grantley ramp, says Janney Capital
Janney Capital increased its 2014 estimates for Mellanox (MLNX) and raised its fair value estimate on the stock to $60 from $57 following its stronger than expected Q2 results. Janney also said comments made by Mellanox' CEO suggest that the firm's prior view on the ramp of Intel's (INTC) Grantley platform may have been too conservative and that the impact on Mellanox could rival that of Romley in the past. The firm keeps a Buy rating on Mellanox

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