Rosenblatt Securities Keeps Their Hold Rating on Inphi (IPHI)

By Austin Angelo

In a report released today, Hans Mosesmann from Rosenblatt Securities maintained a Hold rating on Inphi (IPHIResearch Report). The company’s shares closed last Monday at $73.35, close to its 52-week high of $74.43.

According to TipRanks.com, Mosesmann is a 5-star analyst with an average return of 13.6% and a 61.5% success rate. Mosesmann covers the Consumer Goods sector, focusing on stocks such as Texas Instruments, Lattice Semicon, and Microchip.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Inphi with a $68.80 average price target, a -5.4% downside from current levels. In a report issued on October 30, B.Riley FBR also maintained a Hold rating on the stock with a $53.00 price target.

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The company has a one-year high of $74.43 and a one-year low of $29.56. Currently, Inphi has an average volume of 899.7K.

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Inphi Corp. engages in the provision of analog and mixed signal semiconductor solutions for the communications and computing markets. The Analog and mixed signal semiconductor solutions offers high signal integrity at data speeds while reducing system power consumption.