Analyst Rating Update on Microsemi Corporation (MSCC)

Microsemi Corporation (MSCC) : 8 brokerage houses believe that Microsemi Corporation (MSCC) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Microsemi Corporation (MSCC). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 11 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.45.

Microsemi Corporation (MSCC) : The most positive equity analysts on Microsemi Corporation (MSCC) expects the shares to touch $51, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $44 with an expected fluctuation of $6.46 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


Microsemi Corporation (NASDAQ:MSCC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.98 and $37.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $38.39. The buying momentum continued till the end and the stock did not give up its gains. It closed at $38.30, notching a gain of 0.82% for the day. The total traded volume was 815,273 . The stock had closed at $37.99 on the previous day.

Microsemi Corporation (Microsemi) is a designer, manufacturer and marketer of high-performance analog and mixed-signal semiconductor solutions. Microsemis products include high-performance and radiation-hardened analog mixed-signal integrated circuits (ICs), field programmable gate arrays (FPGAs), system on chip solutions (SoCs) and application-specific integrated circuits (ASICs); power management products; timing and synchronization devices and precise time solutions; voice processing devices; radio frequency (RF) solutions; discrete components; security technologies and scalable anti-tamper products; Power-over-Ethernet (PoE) ICs and midspans. The principal end markets that its serves include aerospace, communications, defense and security, and industrial. Its products are found in various applications, such as communications infrastructure systems; military and commercial satellites and aircrafts, oil field equipment, and airport security systems.

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