Zacks Investment Research downgraded shares of PLX TECH INC (PLXT) from NEUTRAL to UNDERPERFORM on May 03, 2012, with a target price of $6.30.
PLX Technology, Inc., based in Sunnyvale, Calif., USA, is the world's leading supplier of PCI Express and other standard I/O interconnect semiconductors to the communications, server, storage, embedded-control, and consumer markets. The company provides a competitive advantage through an integrated combination of experience, high-performance silicon, hardware and software design tools, and global partnerships. These innovative solutions enable our customers to develop equipment with industry-leading performance, scalability and reliability that allows them to bring designs to market faster.
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