Craig-Hallum Starts Transwitch (TXCC) at Buy, Sets $4 Price Target

November 28, 2011 12:38 PM EST
Get Alerts TXCC Hot Sheet
Price: $0.23 --0%

Rating Summary:
    3 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 12 | New: 8
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Shares of Transwitch (NASDAQ: TXCC) are surging well into positive territory as Craig-Hallum initiated coverage on the stock with a Buy rating in an intraday research note.

The firm rates Transwitch shares a Buy and set a $4 price target.

The stock is now 14 percent to $2.74, which implies potential upside of about 46 percent.

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


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