Zacks Investment Research downgraded Inphi Corporation (NYSE:IPHI) to Hold in a report released today.
- Updated: October 11, 2016
Zacks Investment Research has downgraded Inphi Corporation (NYSE:IPHI) to Hold in a report released on Wednesday October 12, 2016.
Yesterday Inphi Corporation (NYSE:IPHI) traded -5.98% lower at $41.00. IPHI’s 50-day average is $41.95 and its two hundred day average is $35.38. With the last stock price close up 15.89% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was up over the average, with 1,393,165 shares of IPHI changing hands over the typical 748,392
With a total market value of $0, Inphi Corporation has with a one year low of $22.07 and a one year high of $44.82 .
A total of 13 brokerages have issued a ratings update on Inphi Corporation. 4 firms rating the stock a strong buy, 7 firms rating the stock a buy, 1 firm rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $37.10.
Brief Synopsis On 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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