Microsemi Corporation (MSCC) Receives Price Target

Microsemi Corporation (MSCC) : 7 Wall Street analysts covering Microsemi Corporation (MSCC) believe that the average level the stock could reach for the short term is $45.71. The maximum price target given is $51 and the minimum target for short term is around $40, hence the standard deviation is calculated at $3.68.

Microsemi Corporation (MSCC) : Zacks Investment Research ranks Microsemi Corporation (MSCC) as 3, which is a Hold recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 1.33, which indicates as a Strong Buy.


Microsemi Corporation (NASDAQ:MSCC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.06 and $39.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.39, notching a gain of 1.08% for the day. The total traded volume was 816,455 . The stock had closed at $39.96 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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