UPDATE: Deutsche Bank Lowers PT on Volterra Semiconductor on Sharp Revenue Decline
April 23, 2013 at 14:21 PM EDT
In a report published Tuesday, Deutsche Bank analyst Greg Poole reiterated a Buy rating on Volterra Semiconductor CorporatIon (NASDAQ: VLTR ), but lowered the price target from $22.00 to $17.00. In the report, Poole noted, “VLTR's 1Q13 results were slightly below DB/Street, but the incremental surprise is the sharp decline