Intersil Corp (ISIL) Reports In-Line Q2 EPS

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Go back to Intersil Corp (ISIL) Reports In-Line Q2 EPS

Piper Jaffray Cuts Price Target on Intersil Corp (ISIL) Following 2Q15

July 30, 2015 8:34 AM EDT

Piper Jaffray maintained an Overweight rating on Intersil (NASDAQ: ISIL), and cut the price target to $14.00 (from $16.00), following 2Q15. Revenue of $132M was lower than consensus expectations of $136M. Non-GAAP EPS was in line with consensus. ISIL guided Q3 revenue to $122-130M, below consensus of... More

Susquehanna Cuts Price Target to $14 on Intersil Corp (ISIL) Following 2Q15

July 30, 2015 6:52 AM EDT

Susquehanna maintained a Positive rating on Intersil (NASDAQ: ISIL), and cut the price target to $14.00 (from $18.00), following 2Q results. Analyst Chris Caso said that the upgrade of ISIL back in March was clearly wrong. Revenue of $132.4M was below our consensus of $136.3M. Reported EPS was in-line with $0.16 consensus. Management guided 3Q revenue to $126 mln at the midpoint, below consensus of $146 mln. EPS is guided in the range... More