UPDATE: Stifel Nicolaus Raises PT on Exar on Continued Turnaround
July 25, 2013 at 11:30 AM EDT
In a report published Thursday, Stifel Nicolaus analyst Tore Svanberg reiterated a Buy rating on Exar (NASDAQ: EXAR ), and raised the price target from $14.00 to $15.00. In the report, Stifel Nicolaus noted, “Last year (FY13), the focus was on cutting costs and improving financials through improved operations and streamlining.
