UPDATE: Craig-Hallum Upgrades Mellanox on Multiple Growth Drivers Ahead in 2014
October 03, 2013 at 10:53 AM EDT
In a report published Thursday, Craig-Hallum Capital Group analyst Rajesh Ghai upgraded the rating on Mellanox Technologies Ltd. (NASDAQ: MLNX ) from Hold to Buy, and raised the price target from $52.00 to $54.00. In the report, Craig-Hallum Capital Group noted, “While we continue to be less enthusiastic than the