A statement released earlier today by Cowen and Company about Inphi Corporation (NYSE:IPHI) bumps the target price to $39.00
- Updated: October 13, 2016
Cowen and Company bumped up the target of Inphi Corporation (NYSE:IPHI) to $39.00 stating a potential downside of -0.03%.
On 10/13/2016, Stifel released a statement for Inphi Corporation (NYSE:IPHI) bumped up the target price from $44.00 to $48.00 that suggested an upside of 0.20%.
Boasting a price of $40.32, Inphi Corporation (NYSE:IPHI) traded 0.30% higher on the day. With the last stock price close up 14.09% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. IPHI has recorded a 50-day average of $41.79 and a two hundred day average of $35.45. Trade Volume was down over the average, with 54,588 shares of IPHI changing hands under the typical 761,152
Recent Performance Chart
Inphi Corporation has with a one year low of $22.07 and a one year high of $44.82 and has a total market value of $0.
A total of 13 analysts have released a research note on IPHI. Four analysts rating the company a strong buy, seven analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $37.10.
More About Inphi Corporation (NYSE:IPHI)
Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications, datacenter and computing markets. The Company's solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment, datacenters and enterprise servers, test and measurement equipment and military systems. It operates in the segment of design, development and sale of high-speed analog connectivity components that operate to maintain and amplify signal integrity at high speeds in a range of applications. Its semiconductor solutions are designed to address bandwidth bottlenecks in networks and enable the rollout of communications, datacenter and computing infrastructures. It provides 10 gigabit (G) 10G/40G, 100G and beyond 100G high-speed analog semiconductor solutions for the communications market and high-speed memory interface solutions for the computing market.
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