Evercore ISI raised the firm’s price target on Rambus (RMBS) to $81 from $71 and keeps an Outperform rating on the shares following what the firm describes as “another Beat and Meet quarter.” Following the report, the firm de-adjusted its calendar year 2026 product revenue estimate to $440M from $450M as it lowers the contribution of DDR4 DIMM revenue.
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Read More on RMBS:
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