Brokerage Firm Rating Update on Inphi Corporation (IPHI)

Inphi Corporation (IPHI) has an average broker rating of 1.04, which is interpreted as a Strong Buy, as rated by 12 equity analysts. Nonetheless, 11 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

Inphi Corporation (IPHI) : 10 investment research analysts covering Inphi Corporation (IPHI) have an average price target of $42.8 for the near short term. The highest target price given by the Brokerage Firm to the stock is $46 and the lowest target is $34 for the short term. Analysts expect the variance to be within $3.46 of the average price.


For the current week, the company shares have a recommendation consensus of Buy. Also, JP Morgan initiates coverage on Inphi Corporation (NYSE:IPHI). The current rating of the shares is Overweight, according to the research report released by the firm. The rating by the firm was issued on August 30, 2016.

Inphi Corporation (NYSE:IPHI): stock was range-bound between the intraday low of $40.695 and the intraday high of $41.94 after having opened at $41.79 on Wednesdays session. The stock finally closed in the red at $41.79, a loss of -1.32%. The stock remained in the red for the whole trading day. The total traded volume was 2,917,326 shares. The stock failed to cross $41.94 in Wednesdays trading. The stocks closing price on Thursday was $41.73.

Inphi Corporation is a fabless provider of analog and mixed signal semiconductor solutions for the communications, datacenter and computing markets. The Companys solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment, datacenters and enterprise servers, storage platforms, test and measurement equipment and military systems. The Companys semiconductor solutions are designed to address bandwidth bottlenecks in networks and enable the rollout of communications, datacenter and computing infrastructures. It is engaged in developing broadband analog semiconductors operating at frequencies of up to 100 gigahertz. It has developed specific internal models and design kits for each process to support a uniform design methodology across its semiconductor solutions.

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