UPDATE: Aegis Capital Initiates Coverage on QLogic on Market Leader Position
November 14, 2013 at 11:24 AM EST
In a report published Thursday, Aegis Capital Corp. analyst Jayanta Datta initiated coverage on QLogic Corporation (NASDAQ: QLGC ) with a Buy rating and $15.00 price target. In the report, Aegis Capital Corp. noted, “QLogic is a highly profitable market leader in the server and storage connectivity industry. The firm
