Markets

Technology Sector Update for 11/12/2015: CTXS, EZCH

Top Technology Stocks:

MSFT: -0.7%

AAPL: -0.4%

IBM: -0.5%

CSCO: -0.3%

GOOG: -0.3%

Technology shares were mostly lower in pre-market trade Thursday.

In technology stocks news, Citrix Systems ( CTXS ) saw its price target boosted to $90 from $80 by Mizuho Securities, while the firm retained its buy rating on the stock.

Shares were unchanged at $80.89 pre-bell, towards the upper end of the stock's 52 week trading range between $56 and $84.17.

And EZchip Semiconductor ( EZCH ) shares were 1.8% in recent pre-market trade at $24.36 after Mellanox Technologies ( MLNX ) proposed that EZchip can seek a better offer from a third party during a 30-day "go-shop" period.

Shares in EZchip Semiconductor have traded between $14.30 and $25.21 over the past 52 weeks.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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