Intersil Corp (NASDAQ:ISIL) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 28, 2016
Zacks Investment Research has downgraded Intersil Corp (NASDAQ:ISIL) to Sell in a statement released on 9/28/2016.
On 9/19/2016, B. Riley released a statement on Intersil Corp (NASDAQ:ISIL) bumped up the target price from $0.00 to $22.50 that suggested an upside of 0.04%.
Boasting a price of $21.90, Intersil Corp (NASDAQ:ISIL) traded 0.14% higher on the day. With the last close up 47.06% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Intersil Corp has recorded a 50-day average of $19.25 and a two hundred day average of $14.89. Volume of trade was down over the average, with 2,833,963 shares of ISIL changing hands under the typical 3,108,960
With a total market value of $0, Intersil Corp has 52 week low of $10.67 and a 52 week high of $22.76 with a PE ratio of 57.33 .
In addition to Zacks Investment Research reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is $14.30 with 3 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 3 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 1 broker rating the stock a sell.
Brief Synopsis On 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 computing and consumer.
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