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Ixia (NASDAQ:XXIA) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Thursday, AnalystRatingsNetwork.com reports. The firm currently has a $12.90 target price on the stock. Zacks‘ price target would indicate a potential upside of 1.74% from the company’s current price.

Shares of Ixia (NASDAQ:XXIA) traded up 0.56% on Thursday, hitting $12.66. 180,410 shares of the company’s stock traded hands. Ixia has a 52-week low of $11.89 and a 52-week high of $22.50. The stock’s 50-day moving average is $12.72 and its 200-day moving average is $14.10. The company has a market cap of $964.1 million and a P/E ratio of 44.96.

Ixia is a provider of converged Internet Protocol test systems and services for wireless and wired infrastructures and services.

To view Zacks’ full report, visit www.zacks.com

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