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Microsemi Corporation (NASDAQ:MSCC) has been upgraded to Hold in a statement by BidaskClub earlier today.

BidaskClub has upgraded Microsemi Corporation (NASDAQ:MSCC) to Hold in a statement released on 7/8/2017.

Boasting a price of $48.55, Microsemi Corporation (NASDAQ:MSCC) traded -0.34% lower on the day. With the last stock price close down -3.03% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Microsemi Corporation has recorded a 50-day average of $50.43 and a two hundred day average of $50.80. Volume of trade was up over the average, with 1,506,214 shares of MSCC changing hands over the typical 1,263,110

Performance Chart

Microsemi Corporation (NASDAQ:MSCC)

With a total market value of $0, Microsemi Corporation has price-earnings ratio of 49.86 with a one year low of $37.11 and a one year high of $57.97 .

A total of 12 equity analysts have released a ratings update on MSCC. Six equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $45.50.

Brief Synopsis About Microsemi Corporation (NASDAQ:MSCC)

Microsemi Corporation is a designer, manufacturer and marketer of analog and mixed-signal semiconductor solutions differentiated by power, security, reliability and performance. The Company offers a portfolio of semiconductor and system solutions for aerospace and defense, communications, data center and industrial markets. Its products include high-performance and radiation-hardened analog mixed-signal integrated circuits (ICs), field programmable gate arrays (FPGAs), system on chip solutions (SoCs) and application-specific integrated circuits (ASICs) and power management products. The Company's marketed products include Switchtec PFX PCIe switch, Flashtec NVM Express (NVMe)2032 and NVMe2016 controllers, Flashtec NVM Express (NVMe)2108 eight channel and NVMe2104 four channel controllers, PDS-EM-8100 PoE 2.5 gigabits per second (Gbps) Multiplexer, Chip Scale Atomic Clock (CSAC) components and miTimePLL.

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