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Microsemi Gets Outperform Rating Amid Diversification
2015-03-23 20:25:56| Semiconductors - Topix.net
's efforts to expand its customer base and product lines prompted an analyst Monday to start coverage of the chipmaker with an outperform rating and a price target of 47. "Microsemi has been credibly transforming itself from a company with an oversized exposure to discretes, and to aerospace and defense, to a bigger company with a more profitable and diversified portfolio of products and end markets," BMO Capital Markets analyst Edward Williams said in a research note.
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Category:Electronics and Electrical
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