Microsemi (MSCC) Tops Q3 EPS by 1c

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RBC Capital Raises Price Target on Microsemi (MSCC) Following 3Q Beat

July 29, 2016 7:34 AM EDT

RBC Capital reiterated a Top Pick rating on Microsemi Corporation (NASDAQ: MSCC), and raised the price target to $48.00 (from $47.00), following the company's 3Q earnings report. MSCC reported results that were slightly ahead of expectations with revenue and EPS of $431.4M and $0.73 compared to the Street at $430.2M/$0.72.... More