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ChipMOS (IMOS) Shares Rally as Craig-Hallum Starts at Buy, Sets $19 Target

February 24, 2012 12:23 PM EST
Get Alerts IMOS Hot Sheet
Price: $58.36 --0%

Rating Summary:
    2 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 12 | New: 19
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Shares of ChipMOS (NASDAQ: IMOS) have surged above the $10 level Friday as Craig-Hallum's Richard Shannon started coverage on the stock with a Buy rating and $19 price target earlier. Very notably, Shannon is currently the only analyst who covers ChipMOS.

With the stock up about 12 percent to $10.08 at last check, Craig-Hallum's new price target represents potential upside of about 88 percent.

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


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