Alpha & Omega Semiconductor Rating Increased to Outperform at Zacks (AOSL)
Alpha & Omega Semiconductor (NASDAQ:AOSL) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Monday, AnalystRatingsNetwork reports. The firm currently has a $8.90 price objective on the stock. Zacks‘ price objective indicates a potential upside of 25.00% from the stock’s previous close.
Alpha & Omega Semiconductor (NASDAQ:AOSL) traded up 1.86% on Monday, hitting $7.12. 34,652 shares of the company’s stock traded hands. Alpha & Omega Semiconductor has a 1-year low of $6.64 and a 1-year high of $9.30. The stock has a 50-day moving average of $7.55 and a 200-day moving average of $7.68. The company’s market cap is $184.8 million.
Alpha & Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results 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.
AOSL has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Alpha & Omega Semiconductor in a research note to investors on Thursday. They now have a $9.00 price target on the stock, up previously from $7.50.
Develops advanced power semiconductor solutions. The Company develops analog and digital power management solutions.
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