NASDAQ:RMBS - Nasdaq - US7509171069 - Common Stock - Currency: USD
Susquehanna and Wells Fargo analysts underscored potential EPS expansion thanks to positive secular trends across product categories.
Rambus stock had its Relative Strength Rating upgraded to 77 Tuesday — a nice improvement, but shy of the 80-plus score you prefer to see.
The upgraded 76 RS rating shows that Rambus stock is among the top 25% of all stocks in terms of price performance over the past year.
Surging DRAM demand in the data center is benefiting this memory interface company.
Rambus Inc. (NASDAQ: RMBS) is a chip designer and producer that licenses its technology and architecture to semiconductor companies.
A double miss on quarterly estimates displeased the market greatly.