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Microsemi (MSCC) Adds New Director

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Needham & Company Raises price Target on Microsemi (MSCC) Following Analyst Day

September 9, 2016 8:16 AM EDT

Needham & Company reiterated a Buy rating on Microsemi Corporation (NASDAQ: MSCC), and raised the price target to $52.00 (from $46.00), following the company's analyst day. Management is expecting business to grow organically at 6-8% to >$2bn in revenues by 2020 and announced an updated target model of 60%+ NG... More