Magnachip Reports Results for Fourth Quarter and Year 2020
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February 18, 2021 7:13 AM EST
Roth Capital analyst Suji Desilva raised the price target on Magnachip Semiconductor (NYSE: MX) to $30.00 (from $20.00) while maintaining a Buy rating.
The analyst comments "We believe MX represents an investment opportunity as a differentiated display driver and power semiconductor vendor benefitting from... More
February 18, 2021 5:57 AM EST
Needham & Company analyst Rajvindra Gill raised the price target on Magnachip Semiconductor (NYSE: MX) to $30.00 (from $25.00) while maintaining a Buy rating.
The analyst comments "MX closed out CY20 with a strong beat and raise, guiding to $122M Q1-21 sales vs. our... More
February 17, 2021 4:05 PM EST
MagnaChip (NYSE: MX) reported Q4 EPS of $0.40, $0.27 better than the analyst estimate of $0.13. Revenue for the quarter came in at $142.9 million versus the consensus estimate of $124.4 million.
GUIDANCE:
MagnaChip sees Q1 2021 revenue of $119-124 million, versus the consensus of... More
