N/A Analysts covering Altera Corporation (NASDAQ:ALTR) stock have recently weighted in on the name, offering either Buy, Sell or Hold recommendations. The way that analysts describe their rating can be translated into a simple integer based 1 to 5 scale. Shares of Altera Corporation have been handed an average broker rating of N/A, according to the data from Zacks Research. A lower number typically indicates a Buy recommendation while a higher number indicates a Sell. The average rating can help investors understand the current sentiment of where a stock might be headed near-term.

In the sell-side reports provided to institutions, the research firms typically offer a projected price target on the stock. The time frame and criteria can differ depending on the firm, so to get a general feel for where they see the stock heading, we look at the consensus number. Based on the N/A providing stock targets, the highest stands at $N/A and the lowest at $N/A. The mean, or consensus number is $N/A.

In taking a look at the earnings health of the stock, analysts are expecting that the company will report earnings of $N/A per share for the current quarterly period on or around N/A. Last quarter the firm posted earnings of $N/A for the quarter. This was $N/A away from the analyst consensus, yielding a surprise factor of N/A%. Large surprise factors can lead to significant stock price movement in the days and months following an earnings report. The Street will be watching to see if the firm will meet or beat this quarter.

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