Zacks upgraded shares of Intersil (NASDAQ: ISIL) from an underperform rating to a neutral rating in a report released on Tuesday. Zacks currently has $8.50 target price on the stock.
Shares of Intersil traded up 0.94% during mid-day trading on Tuesday, hitting $8.58. Intersil has a 52 week low of $6.31 and a 52 week high of $11.64. The stock’s 50-day moving average is currently $8.69. The company’s market cap is $1.085 billion.
A number of other firms have also recently commented on ISIL. Analysts at UBS AG raised their price target on shares of Intersil from $8.25 to $8.75 in a research note to investors on Wednesday, February 20th. They now have a neutral rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Intersil to $10.00 in a research note to investors on Thursday, January 31st.
Four analysts have rated the stock with a buy rating, fourteen have assigned a hold rating, one has assigned an underweight rating, and three have issued a sell rating to the company’s stock. The company presently has a consensus rating of hold and an average target price of $8.34.
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