PHLX Semiconductor (SOX) Rating Reiterated by AltaCorp Capital

PHLX Semiconductor (NYSE:SOX)‘s stock had its “buy” rating reissued by analysts at AltaCorp Capital in a research note issued on Sunday. They currently have a $7.50 price objective on the stock. AltaCorp Capital’s price objective would indicate a potential upside of 63.04% from the stock’s previous close.

Separately, Canaccord Genuity reiterated a “buy” rating and issued a $7.50 target price on shares of PHLX Semiconductor in a research note on Monday.

PHLX Semiconductor (SOX) opened at $4.60 on Friday. PHLX Semiconductor has a 12 month low of $819.09 and a 12 month high of $1,321.90.

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