Alpha & Omega Semiconductor Given New $10.00 Price Target at Stifel Nicolaus (AOSL)
Stock analysts at Stifel Nicolaus reduced their price objective on shares of Alpha & Omega Semiconductor (NASDAQ:AOSL) from $11.00 to $10.00 in a report issued on Friday, Stock Ratings Network reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 35.50% from the company’s current price.
AOSL has been the subject of a number of other recent research reports. Analysts at Piper Jaffray Cos. cut their price target on shares of Alpha & Omega Semiconductor to $7.50 in a research note to investors on Thursday. They now have a “neutral” rating on the stock.
Shares of Alpha & Omega Semiconductor (NASDAQ:AOSL) opened at 7.38 on Friday. Alpha & Omega Semiconductor has a 52 week low of $6.64 and a 52 week high of $9.39. The stock’s 50-day moving average is $8.14 and its 200-day moving average is $7.87. The company’s market cap is $189.4 million.
Alpha & Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.11) earnings per share (EPS) 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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