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Bullboard - Stock Discussion Forum VIXS SYSTEMS INC T.VXS

Technology Semiconductor Equipment & Materials
"ViXS Systems Inc provides smart network multimedia processor solutions. It markets and sells its products to providers of video processing and storage equipment who sells their products into the consumer electronics and personal computing markets."

TSX:VXS - Post Discussion

VIXS SYSTEMS INC > Pixelworks upgraded
View:
Post by siwashrock on May 21, 2017 5:45pm

Pixelworks upgraded

Pixelworks price target raised to $6.50 after ViXS acquisition at Roth Capital. Roth Capital analyst Brian Alger said he believes the true value of Pixelworks' agreement to buy ViXS Systems, which specializes in UHD video processing, is in the scale the additional R&D resources bring. Alger raised his price target on Pixelworks to $6.50, from $5.50 given the upside potential that ViXS brings to the organic business and keeps a Buy rating on the shares.

Read more at: 
https://thefly.com/landingPageNews.php?id=2555174
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