Collins Stewart Reiterates Vuy Rating On Atmel

According to Collins Stewart, Atmel ATML Buy rating is reiterated. Collins Stewart said that it attended ATML's analyst day event yesterday and left feeling more confident in the company's ability sustain its leadership position within capacitive touch and continue to gain market share in MCU. “Thus we reiterate our BUY rating and $18 PT. ATML reaffirms its maXTouch rev outlook of $300M+ in 2011.” Atmel closed yesterday at $14.16.