Raymond James Lowers PLX Technology (PLXT) to Market Perform

PLX Technology (NASDAQ:PLXT) was downgraded by analysts at Raymond James to a “market perform” rating in a research note issued to investors on Monday, The Fly reports.

About PLX Technology

PLX Technology, Inc (PLX) is engaged in designing, developing, manufacturing, and selling integrated circuits that perform critical system connectivity functions. The Company markets its products to customers that sell electronic systems in the enterprise, consumer, server, storage, communications, personal computer (PC) peripheral and embedded markets.

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The Fly

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