UPDATE: Citigroup Raises PT on AVX Following June Sales/EPS

In a report published Thursday, Citigroup analyst Jim Suva reiterated a Neutral rating on AVX (NYSE: AVX ), and raised the price target from $11.50 to $13.00. In the report, Citigroup noted, “AVX reported 1FQ'14 (June) sales/EPS of $369m/$0.16 near the street's expectations of $370m/$0.15 and within guidance of +2% to