Northland Capital Markets Starts Vitesse Semiconductor (VTSS) at Outperform

August 18, 2014 8:31 AM EDT
Get Alerts VTSS Hot Sheet
Price: $5.28 --0%

Rating Summary:
    3 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 12 | New: 47
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Northland Capital Markets initiates coverage on Vitesse Semiconductor (NASDAQ: VTSS) with a Outperform rating and a price target of $5.00.

"VTSS is in the early stages of what we believe will be a multi-year turn-around as it transitions from time-based to packet-based communications semiconductors," analyst Tom Sepenzis said.

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

Shares of Vitesse Semiconductor closed at $2.85 yesterday.

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