Wedbush Lifts Price Target on Microsemi (MSCC) to $33; Reiterates Buy

September 2, 2008 9:43 AM EDT

Wedbush Morgan raises price target on Microsemi (Nasdaq: MSCC) from $30 to $33 and reiterates its Buy.

The firm cites recent meetings with management that "highlight defensibility, robust growth and long-term growth initiatives."

Microsemi Corporation designs, manufactures, and markets analog and mixed-signal integrated circuits (ICs) and semiconductors.


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