Zacks Investment Research disclosed Exar Corporation (NYSE:EXAR), boosting its target to $10.00 earlier today
- Updated: October 16, 2016
Zacks Investment Research raised the target price of Exar Corporation (NYSE:EXAR) to $10.00 stating a possible upside of 0.11%.
Yesterday Exar Corporation (NYSE:EXAR) traded 0.91% higher at $9.03. The company’s 50-day moving average is $9.15 and its 200-day moving average is $7.77. The last closing price is up 14.24% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 101,798 shares of the stock traded hands, down from an average trading volume of 258,026
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Exar Corporation has a 52 week low of $4.82 and a 52 week high of $9.85 Exar Corporation’s market capitalization is presently $0.
A total of 5 analysts have released a report on Exar Corporation. Two analysts rating the company a strong buy, two analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $9.70.
General Company Details For Exar Corporation (NYSE:EXAR)
Exar Corporation (Exar) designs, develops and markets analog mixed-signal integrated circuits (ICs) and sub-system solutions. The Company's products are deployed in a range of applications, such as industrial, instrumentation and medical equipment, networking and telecommunication systems, servers, enterprise storage systems, flat panel displays, light emitting diode (LED) lighting solutions, set top boxes and digital video recorders. Exar's product portfolio includes connectivity, power management, high performance analog, communications, processors, flat panel display and LED lighting. The Company designs and develops amplifiers and data converters that support a range of signal path and conditioning needs of networking, industrial control and embedded applications. The Company markets its products to three primary markets, such as industrial and embedded systems, consumer and infrastructure.
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