Published On: Wed, Oct 19th, 2016

Microsemi Corporation (NASDAQ:MSCC) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of Microsemi Corporation (NASDAQ:MSCC).

Most recent broker ratings

09/20/2016 – Macquarie began new coverage on Microsemi Corporation giving the company a “positive” rating.

09/20/2016 – Susquehanna began new coverage on Microsemi Corporation giving the company a “positive” rating. They now have a USD 50 price target on the stock.

09/15/2016 – Microsemi Corporation had its “top pick” rating reiterated by analysts at RBC Capital. They now have a USD 48 price target on the stock.

09/12/2016 – Microsemi Corporation had its “buy” rating reiterated by analysts at Mizuho. They now have a USD 46 price target on the stock.

09/09/2016 – Microsemi Corporation had its “buy” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 50 price target on the stock.

09/09/2016 – Microsemi Corporation had its “buy” rating reiterated by analysts at Needham & Company. They now have a USD 52 price target on the stock.

07/29/2016 – Microsemi Corporation had its “outperform” rating reiterated by analysts at BMO Capital Markets. They now have a USD 50 price target on the stock.

06/23/2016 – Microsemi Corporation had its “buy” rating reiterated by analysts at SunTrust.

04/29/2016 – Microsemi Corporation had its “buy” rating reiterated by analysts at Topeka Capital Markets. They now have a USD 46 price target on the stock.

01/29/2016 – Microsemi Corporation had its “strong buy” rating reiterated by analysts at Raymond James. They now have a USD 40 price target on the stock.

01/29/2016 – Microsemi Corporation was upgraded to “outperform” by analysts at Wells Fargo. They now have a USD 37 price target on the stock.

01/26/2016 – Microsemi Corporation had its “overweight” rating reiterated by analysts at Stephens. They now have a USD 45 price target on the stock.

01/13/2016 – Microsemi Corporation had its “buy” rating reiterated by analysts at Sterne Agee. They now have a USD 50 price target on the stock.

08/24/2015 – Microsemi Corporation was downgraded to “hold” by analysts at Drexel Hamilton.

03/13/2015 – Microsemi Corporation had its “buy” rating reiterated by analysts at Goldman Sachs. They now have a USD 39 price target on the stock.

The share price of Microsemi Corporation (NASDAQ:MSCC) was up +0.50% during the last day of trading, with a day high of 38.39. 694348 shares were traded during the last session.

The stock’s 50 day moving average is 40.30 and its 200 day moving average is 36.54. The stock’s market capitalization is 4.29B. Microsemi Corporation has a 52-week low of 28.91 and a 52-week high of 42.64.

Microsemi Corporation is a designer, manufacturer and marketer of analog and mixed-signal semiconductor solutions differentiated by power, security, reliability and performance. The Company offers a portfolio of semiconductor and system solutions for aerospace and defense, communications, data center and industrial markets. Its 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) and power management products. The Company’s marketed products include Switchtec PFX PCIe switch, Flashtec NVM Express (NVMe)2032 and NVMe2016 controllers, Flashtec NVM Express (NVMe)2108 eight channel and NVMe2104 four channel controllers, PDS-EM-8100 PoE 2.5 gigabits per second (Gbps) Multiplexer, Chip Scale Atomic Clock (CSAC) components and miTimePLL.