Canaccord Genuity Reiteartes a 'Buy' on Fairchild Semi (FCS); Thailand Impact, Inventory Correction Winding Down
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Price: $19.86 --0%
Rating Summary:
3 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
3 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity reiteartes a 'Buy' on Fairchild Semi (NYSE: FCS) price target of $15.00.
Analyst, Bobby Burleson, said, "Reiterate rating following reduced estimates, as we expect pent-up demand to resume in Q2, driving upside to our reduced estimates. We continue to view FCS as a way to play recovery with potential for gross margin and earnings leverage."
For an analyst ratings summary and ratings history on Fairchild Semi click here. For more ratings news on Fairchild Semi click here.
Shares of Fairchild Semi closed at $14.04 yesterday.
Analyst, Bobby Burleson, said, "Reiterate rating following reduced estimates, as we expect pent-up demand to resume in Q2, driving upside to our reduced estimates. We continue to view FCS as a way to play recovery with potential for gross margin and earnings leverage."
For an analyst ratings summary and ratings history on Fairchild Semi click here. For more ratings news on Fairchild Semi click here.
Shares of Fairchild Semi closed at $14.04 yesterday.
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