Xperi (XPER) Gets a Buy Rating from B.Riley FBR

By Jason Carr

In a report released today, Eric Wold from B.Riley FBR reiterated a Buy rating on Xperi (XPERResearch Report), with a price target of $28.00. The company’s shares closed last Monday at $20.85.

According to TipRanks.com, Wold has currently no stars on a ranking scale of 0-5 stars, with an average return of -5.0% and a 37.4% success rate. Wold covers the Services sector, focusing on stocks such as National Cinemedia, Cinemark Holdings, and AMC Entertainment.

Xperi has an analyst consensus of Moderate Buy, with a price target consensus of $31.50.

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Xperi Corp. engages in creating, developing and licensing innovative audio, imaging, semiconductor packaging and interconnect technologies. It operates through the following two segments: Product Licensing and Semiconductor & IP Licensing.