Microsemi Successfully Completes Acquisition of Vitesse

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Microsemi (MSCC) PT Lifted to $40 at RBC Capital

April 30, 2015 8:46 AM EDT

RBC Capital analyst Doug Freedman reiterated an Outperform rating and boosted his price target on Microsemi Corporation (NASDAQ: MSCC) to $40.00 (from $34.00) after including VTSS numbers.

"Now that the merger has closed our numbers now include a leaner VTSS in our proforma estimates,"... More