Notable Upgrades: Integrated Device TechnologY (IDTI), Adobe Systems (ADBE), Eli Lilly (LLY), Consolidated Edison (ED)

In a report published Friday, BofA/Merrill (BAC) analysts initiated coverage on Integrated Device Technology, Inc. (IDTI) with a ‘Buy’ rating. On valuation measures, Integrated Device Technology Inc. shares currently have a PEG and forward P/E ratio of 0.42 and 15.32, respectively. Price/sales for the same period is 4.81, while EPS is $0.71. Currently there are […] View the full post at: Notable Upgrades: Integrated Device TechnologY (IDTI), Adobe Systems (ADBE), Eli Lilly (LLY), Consolidated Edison (ED) Related posts: Adobe Acquires Omniture for $1.8B Moody’s Upgrades (JAS, F, COT) Maxim Integrated Acquires Digital Video Leader