Standpoint Research Upgrades Volterra Semiconductor (VLTR) to Buy; Valuation Call
Get Alerts VLTR Hot Sheet
Price: $22.97 --0%
Rating Summary:
7 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
7 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Join SI Premium – FREE
Standpoint Research upgraded Volterra Semiconductor (NASDAQ: VLTR) to Buy with a price target of $26.00.
Standpoint analyst, Ronnie Moas, said, "VLTR has once again come back down to where we see value and limited downside risk...The main marks against VLTR were on technicals and relative strength … those are in our view contrarian indicators when at this extreme combined with high marks on most other variables...This is a high-beta name and not recommended/ suitable for those who are already over-weight high-beta tech names."
For more ratings news on Volterra Semiconductor click here and for the rating history of Volterra Semiconductor click here.
Shares of Volterra Semiconductor closed at $19.76 yesterday.
Standpoint analyst, Ronnie Moas, said, "VLTR has once again come back down to where we see value and limited downside risk...The main marks against VLTR were on technicals and relative strength … those are in our view contrarian indicators when at this extreme combined with high marks on most other variables...This is a high-beta name and not recommended/ suitable for those who are already over-weight high-beta tech names."
For more ratings news on Volterra Semiconductor click here and for the rating history of Volterra Semiconductor click here.
Shares of Volterra Semiconductor closed at $19.76 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA Securities Upgrades Bharat Forge Ltd. (BHFC:IN) to Buy
- Canaccord Genuity Upgrades MAG Silver (MAG:CN) (MAG) to Buy
- JPMorgan Upgrades Doximity Inc (DOCS) to Neutral
Create E-mail Alert Related Categories
UpgradesRelated Entities
Standpoint ResearchSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!