Needham & Company lowered their price target on shares of Integrated Silicon Solution (NASDAQ:ISSI) from $15.00 to $13.00 in a research note issued on Wednesday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. Needham & Company’s price target suggests a potential upside of 20.65% from the company’s current price.
ISSI has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Integrated Silicon Solution from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 1st. They now have a $11.20 price target on the stock. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Integrated Silicon Solution has an average rating of “Buy” and an average price target of $12.54.
Integrated Silicon Solution (NASDAQ:ISSI) traded down 1.06% on Wednesday, hitting $10.775. 169,548 shares of the company’s stock traded hands. Integrated Silicon Solution has a 1-year low of $8.18 and a 1-year high of $11.99. The stock has a 50-day moving average of $11.32 and a 200-day moving average of $10.76. The company’s market cap is $312.1 million.
Integrated Silicon Solution (NASDAQ:ISSI) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.26 by $0.06. The company had revenue of $78.40 million for the quarter, compared to the consensus estimate of $80.20 million. On average, analysts predict that Integrated Silicon Solution will post $1.16 earnings per share for the current fiscal year.
Integrated Silicon Solution, Inc (NASDAQ:ISSI) is a fabless semiconductor company that designs and markets integrated circuits (ICs) for markets, including automotive, communications, industrial, medical and military, and digital consumer.
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