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Activist Investor Expresses 'Frustration' In Letter Delivered To Magnachip Semiconductor
Friday, May 13, 2016 - 1:18pm | 282Read More...Magnachip Semiconductor Corp (NYSE: MX) is a designer and manufacturer of analog and mixed-signal semiconductor products for various applications. On Thursday, MagnaChip Semiconductor received a letter from activist investor and major shareholder, Pleasant Lake Partners. The investment fund owns a...
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Citi Initiates MX At Buy, $21 PT
Thursday, April 28, 2011 - 8:37am | 78Read More...Citi is initiating MagnaChip Semiconductor (NYSE: MX) with a Buy (1S) rating and a $21 target “offering 50% potential return.” “While risks warrant a discount, our Buy rating centers on: 1) MX currently trading at a ~65% discount to the analog group, 2) unique leverage to Korean OEMs LG and...
