Impact of Brokerage Rating on Microsemi Corporation(MSCC)

Many Microsemi Corporation(MSCC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Mizuho on Jan 27, 2017 to Buy, Raises Price Target to $ 62 from a previous price target of $60 .Company shares were Reiterated by Stifel on Jan 27, 2017 to Buy, Raises Price Target to $ 65 from a previous price target of $60 .Microsemi Corporation was Downgraded by Goldman to Neutral on Jan 4, 2017.

Company has reported several Insider transactions to the SEC, on Feb 9, 2017, James J Peterson (Chairman of the Board & CEO) sold 8,800 shares at 54.44 per share price.On Jan 19, 2017, Frederick C Goerner (Exec VP Worldwide Sales & Mktg) sold 2,008 shares at 55.91 per share price.On Jan 19, 2017, William L Healey (director) sold 1,169 shares at 55.32 per share price.

Microsemi Corporation Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.86 EPS for the quarter. Analyst had a consensus estimate of $0.86. The company had revenue of $435.50 million for the quarter, compared to analysts expectations of $435.25 million. The companys revenue was up 32.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS.

Microsemi Corporation (NASDAQ:MSCC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.22 by 9 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.

Microsemi Corporation (NASDAQ:MSCC) stock has received a short term price target of $ 59.43 from 7 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $9.03. The higher estimate of target price is $68 , while the lower price target estimate is $46

Microsemi Corporation (NASDAQ:MSCC) rose 0.17% or 0.09 points on Tuesday and made its way into the gainers of the day. After trading began at $53.22 the stock was seen hitting $53.63 as a peak level and $52.69 as the lowest level. The stock ended up at $53.32. The daily volume was measured at 618,415 shares. The 52-week high of the share price is $57.97 and the 52-week low is $29.68. The company has a market cap of $6,148 million.

Microsemi Corp. is a leading designer, manufacturer and marketer of analog, mixed-signal and discrete semiconductors. The companys semiconductors manage and regulate power, protect against transient voltage spikes and transmit, receive and amplify signals. The companys products include individual components as well as complete circuit solutions that enhance our customers end products by providing battery optimization, reducing size or protecting circuits. (PRESS RELEASE)


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