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A statement released earlier today by B. Riley about Intersil Corp (NASDAQ:ISIL) raises the target price to $22.50

In a statement issued on Monday September 19 2016 B. Riley bumped up the target price of Intersil Corp (NASDAQ:ISIL) from $0 to $23 stating a possible upside of 0.04%.

Having a price of $21.71, Intersil Corp (NASDAQ:ISIL) traded 0.50% lower on the day. The last stock price is up 52.68% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. ISIL has been tracking to a 50-day average of $17.15 and 200-day average of $14.22. 4,510,832 shares of ISIL exchanged hands, up from ann avg. trading volume of 2,635,960

See Graphic Below:

Intersil Corp (NASDAQ:ISIL)

With a total market value of $0.0, Intersil Corp has a 52 week low of $10.67 and a one-year high of $21.85 with a PE ratio of 57.

A total of 10 analysts have issued a research note on Intersil Corp. Three analysts rate the stock a strong buy, four firms rate the company a buy, three firms rate the company a hold, one firm rate the company to underperform, and lastly one analystrate the stock as sell with a one year target price of $14.30

Brief Synopsis About Intersil Corp (NASDAQ:ISIL)

Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company provides power management and precision analog technology for applications in the infrastructure, industrial, automotive, military, aerospace, computing, and consumer markets. It supplies a range of power IC solutions for battery management, processor power management and display power management, including power regulators, converters and controllers, as well as integrated power modules. It also provides precision analog components, such as amplifiers and buffers, proximity and light sensors, data converters, optoelectronics, video decoders and interface products. It is also a supplier of radiation-hardened devices to the military and aerospace industries. It operates in approximately two market categories, including industrial and infrastructure, and and computing and consumer.

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