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A number of stock research firms have changed their ratings and price targets for Diodes (NASDAQ: DIOD) during the last seven days:

  • Diodes had its price target raised by analysts at Robert W. Baird from $27.00 to $30.00.
  • Diodes had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a $30.00 price target on the stock, up previously from $25.00.
  • Diodes had its price target raised by analysts at Benchmark Co. from $28.00 to $30.00.
  • Diodes had its price target raised by analysts at Topeka Capital Markets from $30.00 to $32.00. They now have a “buy” rating on the stock.
  • Diodes was upgraded by analysts at TheStreet from a “hold” rating to a “buy” rating. They wrote, “Diodes (DIOD) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.”

Diodes Incorporated (NASDAQ:DIOD) traded up 3.63% on Monday, hitting $27.565. 138,338 shares of the company’s stock traded hands. Diodes Incorporated has a 52-week low of $19.26 and a 52-week high of $28.73. The stock has a 50-day moving average of $26.57 and a 200-day moving average of $23.88. The company has a market cap of $1.288 billion and a price-to-earnings ratio of 33.13.

Diodes Incorporated is a global manufacturer and supplier of application specific standard products within the discrete, logic and analog semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets.

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