Microsemi (MSCC): Reiterate Buy After Analyst Day - Mizuho

September 12, 2016 7:01 AM EDT
Get Alerts MSCC Hot Sheet
Price: $54.45 --0%

Rating Summary:
    12 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 1 | New: 4
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Mizuho Securities analyst, Vijay Rakesh, reiterated his Buy rating on shares of Microsemi Corporation (NASDAQ: MSCC) after the analyst day on Sept 8th highlighted a strong portfolio of aerospace, storage and FPGA roadmap, and a new CEO comp plan that positions it to unlock value for MSCC investors.

MSCC sees continued market share growth driving a L-T model with organic revenue growing at a 6-8% CAGR, GM of 60%+, and an OM of 35%. No change to the price target of $46.

For an analyst ratings summary and ratings history on Microsemi Corporation click here. For more ratings news on Microsemi Corporation click here.

Shares of Microsemi Corporation closed at $39.01 yesterday.



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