Piper Jaffray Cos. Lowers Alpha & Omega Semiconductor Price Target to $7.50 (AOSL)
Equities researchers at Piper Jaffray Cos. decreased their price objective on shares of Alpha & Omega Semiconductor (NASDAQ:AOSL) to $7.50 in a research report issued on Thursday, American Banking & Market News reports. The firm currently has a “neutral” rating on the stock. Piper Jaffray Cos.’s price objective would suggest a potential upside of 1.90% from the stock’s previous close.
Shares of Alpha & Omega Semiconductor (NASDAQ:AOSL) traded down 4.79% during mid-day trading on Thursday, hitting $7.36. The stock had a trading volume of 127,147 shares. Alpha & Omega Semiconductor has a 52 week low of $6.64 and a 52 week high of $9.39. The stock has a 50-day moving average of $8.19 and a 200-day moving average of $7.88. The company’s market cap is $188.9 million.
Alpha & Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.11) earnings per share for the quarter. The company had revenue of $77.20 million for the quarter, compared to the consensus estimate of $94.30 million.
Develops advanced power semiconductor solutions. The Company develops analog and digital power management solutions.
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