InvestorsHub Logo
Followers 3
Posts 156
Boards Moderated 0
Alias Born 01/28/2011

Re: None

Thursday, 05/19/2011 10:23:48 AM

Thursday, May 19, 2011 10:23:48 AM

Post# of 22
According to Morgan Stanley, Netlogic Microsystems (NASDAQ: NETL) is downgraded to Underweight.

Morgan Stanley said that a combination of decelerating top-line growth in the company's core KBP business, challenging competitive dynamics in the company's non-core businesses, peaking gross margins, and the stock's recent outperformance will limit further upside in shares of NETL. “As such, we think the stock will be a relative underperformer and move to Underweight.”


source: http://www.benzinga.com/analyst-ratings/analyst-color/11/05/1097019/morgan-stanley-downgrades-netlogic-microsystems-to-under#ixzz1MoAW64iR