Zacks Investment Research upgraded shares of MIPS TECH INC (MIPS) from UNDERPERFORM to NEUTRAL on February 08, 2012, with a target price of $6.40.
MIPS Technologies, Inc. is a leading designer and developer of RISC-based high-performance 32- and 64-bit microprocessor intellectual property for embedded systems applications. The Company licenses its technology to its seven semiconductor partners: NEC Corporation, Toshiba Corporation, LSI Logic Corporation, Philips Electronics N.V., Integrated Device Technology, NKK Corporation and Quantum Effect Design, Inc. These partners in turn design, market and sell MIPS-based microprocessors to system OEMs.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
To get a free copy of the research report on MIPS TECH INC (MIPS),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .
Be the first to comment