Alpha & Omega Semiconductor Rating Reiterated by Deutsche Bank (AOSL)
Alpha & Omega Semiconductor (NASDAQ:AOSL)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Thursday, American Banking News reports. They currently have a $9.00 price objective on the stock, up from their previous price objective of $7.50. Deutsche Bank’s target price would indicate a potential upside of 31.77% from the company’s current price.
Shares of Alpha & Omega Semiconductor (NASDAQ:AOSL) traded up 1.90% during mid-day trading on Thursday, hitting $6.96. 41,965 shares of the company’s stock traded hands. Alpha & Omega Semiconductor has a 52 week low of $6.64 and a 52 week high of $9.30. The stock has a 50-day moving average of $7.5 and a 200-day moving average of $7.69. The company’s market cap is $178.9 million.
Alpha & Omega Semiconductor (NASDAQ:AOSL) last released its earnings data on Wednesday, February 5th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.08. The company had revenue of $76.30 million for the quarter, compared to the consensus estimate of $89.40 million.
Develops advanced power semiconductor solutions. The Company develops analog and digital power management solutions.
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