UPDATE: Jefferies Reiterates on Altera Corporation Following Slight Q3 Revenues Miss
October 23, 2013 at 11:20 AM EDT
In a report published Wednesday, Jefferies analyst Mark Lipacis reiterated a Hold rating on Altera Corporation (NASDAQ: ALTR ), but lowered the price target from $36.00 to $34.00. In the report, Jefferies noted, “Q3 revenues missed slightly, but lower taxes and OpEx contributed to a $0.03 EPS beat. Guidance for
