QuickLogic Analyst Sees 'Cold War 2.0' As Growth Catalyst

Shares of QuickLogic Corp QUIK have lost almost 40% year to date.The company supplies niche hardware and critical infrastructure in the FPGA (Field-Programmable Gate Array) market, which is being driven by "Cold War 2.0 and the weaponization of outer space," according to Northland Capital Markets.Analyst Gus Richard initiated coverage of QuickLogic with an Outperform rating and a price target of $11.60.The QuickLogic Thesis: FPGAs are used in a wide variety of applications and the market for these is not "w ...