Wow, crazy earnings. Slight miss due to softness in one area
(Data Center), but other areas growing. Still expecting 20% YoY
growth and softness in Data Center market to alleviate itself by
end of 2019 as new customers (signed contracts) begin taking
shipments. Earlier if customers pass through their current
inventory.
Transcript is VERY informative. This looks like a slight blip to
me. Small float an issue in drop, but if business is still mostly
on track as I think, it could also be the reason why it goes back
up quickly.
Aquantia stock price target cut to $15 vs. $17 at
Raymond James,
Aquantia Is Maintained at Outperform by Raymond
James
Aquantia Is Maintained at Overweight by
Barclays
So I doubled down this morning.