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Avago Technologies Ltd. (NASDAQ: AVGO) shares increased 4.72 percent to close at $38.28 a share Wednesday. The stock traded between $37.90 and $39.45 on volume of 6.78 million shares traded. The company reported net revenue was $644 million for the third quarter of fiscal 2014, an increase of 15 percent when compared to a year ago. Shares of Avago Technologies have gained approximately 21.0 percent year-to-date.
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Cirrus Logic, Inc. (NASDAQ: CRUS) shares increased 9.37 percent to close at $22.42 a share Wednesday. The stock traded between $20.69 and $22.71 on volume of 7.36 million shares traded. Feltl has upgraded the company’s rating to "buy" and has also raised its price target to $26.00. Shares of Cirrus Logic have fallen approximately 23.0 percent year-to-date.
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Dycom Industries, Inc. (NYSE: DY) shares declined 5.89 percent to close at $24.77 a share Wednesday. The stock traded between $23.69 and $25.68 on volume of 813,253 shares traded. The company reported a GAAP net income of 14.7 million for the fourth quarter of fiscal 2013, compared to $13.3 million a year ago. Shares of Dycom Industries have gained approximately 25.0 percent year-to-date.
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TASER International, Inc. (NASDAQ: TASR) shares declined 5.91 percent to close at $11.15 a share Wednesday. The stock traded between $11.05 and $11.68 on volume of 2.59 million shares traded. J.P. Morgan has downgraded the company’s rating to "neutral" from "overweight". Shares of TASER International have gained approximately 25.0 percent year-to-date.
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