QLGC QLogic shares down on Sun Micro concerns (27.94 -1.05) Shares were particularly weak at the open this morning, likely due to a pre-mkt Salomon Smith Barney note that said SUNW's acquisition of Pirus Networks has the potential to change the dynamics for QLGC's switch relationship with SUNW, which is a major customer of QLGC; maintains In-Line rating but cuts price target to $29 from $34.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.