Canaccord Genuity Reiterates a 'Buy' on Intersil (ISIL); Guidance Looks Conservative

February 2, 2012 8:47 AM EST
Get Alerts ISIL Hot Sheet
Price: $22.49 --0%

Rating Summary:
    6 Buy, 9 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 6 | New: 26
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Canaccord Genuity reiterates a 'Buy' on Intersil (NASDAQ: ISIL) price target of $13.00.

Analyst, Bobby Burleson, said, "We reiterate our rating on shares of ISIL following upside EPS results and soft Q1 guidance. Guidance appears conservative for Q1 in our view, considering our recent checks showing better than seasonal demand for PC power management. We are lowering estimates and maintain our PT."

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

Shares of Intersil closed at $11.67 yesterday.


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