Intersil Corporation (ISIL) Receives ‘Analyst’ Rating

Intersil Corporation (ISIL) : 2 brokerage houses believe that Intersil Corporation (ISIL) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Intersil Corporation (ISIL). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 8 Wall Street Analysts endorse the stock as a Hold with a rating of 2.63.

Intersil Corporation (ISIL) : 7 investment research analysts covering Intersil Corporation (ISIL) have an average price target of $17.64 for the near short term. The highest target price given by the Brokerage Firm to the stock is $21 and the lowest target is $15 for the short term. Analysts expect the variance to be within $2.66 of the average price.


Also, Equity analysts at the Brokerage firm Stifel Nicolaus downgrades its rating on Intersil Corporation (NASDAQ:ISIL). The rating major has initiated the coverage with hold rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on September 7, 2016.

Intersil Corporation (NASDAQ:ISIL): After opening at $21.75, the stock dipped to an intraday low of $21.75 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $21.82 and the buying power remained strong till the end. The stock closed at $21.82 for the day, a gain of 0.14% for the day session. The total traded volume was 4,805,204. The stocks close on the previous trading day was $21.79.

Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company caters to infrastructure, industrial, automotive, consumer, instrumentation and measurement, light emitting diode (LED) lighting, medical, military, networking and communications, security and surveillance, radiation hardened, video and computing 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. The Company also provides precision analog components. The Companys product groups are power management, amplifiers and buffers, audio and video, data converters, end market specific, interface, optoelectronics, space and harsh environment, switches/multiplexers (MUXes)/crosspoints, timing and digital, and other analog.

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