Inphi Corp (NYSE:IPHI) Buy Rating Kept Today By Jefferies; The Target is $50.0

September 17, 2017 - By Peter Erickson

 Inphi Corp (NYSE:IPHI) Buy Rating Kept Today By Jefferies; The Target is $50.0

Investors sentiment decreased to 0.86 in 2016 Q4. Its down 0.57, from 1.43 in 2016Q3. It dived, as 36 investors sold Inphi Corporation shares while 74 reduced holdings. 35 funds opened positions while 60 raised stakes. 38.99 million shares or 0.60% more from 38.76 million shares in 2016Q3 were reported.

Oz Management L P has invested 0% in Inphi Corporation (NYSE:IPHI). Blackrock Advsr Ltd Liability Corp invested 0.01% in Inphi Corporation (NYSE:IPHI). Panagora Asset Mgmt, Massachusetts-based fund reported 276,004 shares. Suntrust Banks owns 6,653 shares. 25,325 are owned by Paloma Prtn Mngmt Co. Loomis Sayles And Limited Partnership reported 512,945 shares. Wells Fargo & Mn holds 208,869 shares or 0% of its portfolio. Moreover, Us State Bank De has 0% invested in Inphi Corporation (NYSE:IPHI) for 2,744 shares. Driehaus Cap Management Lc invested 0.44% in Inphi Corporation (NYSE:IPHI). Great West Life Assurance Communication Can has 0.01% invested in Inphi Corporation (NYSE:IPHI). Envestnet Asset Management Inc has invested 0% of its portfolio in Inphi Corporation (NYSE:IPHI). 1832 Asset Mngmt Limited Partnership stated it has 0.21% of its portfolio in Inphi Corporation (NYSE:IPHI). Lpl Financial Ltd stated it has 0% of its portfolio in Inphi Corporation (NYSE:IPHI). Suffolk Capital Mngmt Limited Com has 0.2% invested in Inphi Corporation (NYSE:IPHI). Emerald Mutual Fund Advisers Tru invested in 0.24% or 112,620 shares.

Since April 6, 2017, it had 0 insider purchases, and 2 selling transactions for $16,107 activity. Another trade for 119 shares valued at $5,430 was made by Ogawa Richard on Thursday, April 6. Torten Ron also sold $10,677 worth of Inphi Corporation (NYSE:IPHI) shares.

Inphi Corp (NYSE:IPHI) Rating Reaffirmed

In a report revealed to clients this morning, Jefferies reaffirmed their Buy rating on Inphi Corp (NYSE:IPHI) shares. The price target suggests a possible upside of 24.41 % from company’s close price.

Investors sentiment decreased to 0.86 in 2016 Q4. Its down 0.57, from 1.43 in 2016Q3. It dived, as 36 investors sold Inphi Corporation shares while 74 reduced holdings. 35 funds opened positions while 60 raised stakes. 38.99 million shares or 0.60% more from 38.76 million shares in 2016Q3 were reported.

Oz Management L P has invested 0% in Inphi Corporation (NYSE:IPHI). Blackrock Advsr Ltd Liability Corp invested 0.01% in Inphi Corporation (NYSE:IPHI). Panagora Asset Mgmt, Massachusetts-based fund reported 276,004 shares. Suntrust Banks owns 6,653 shares. 25,325 are owned by Paloma Prtn Mngmt Co. Loomis Sayles And Limited Partnership reported 512,945 shares. Wells Fargo & Mn holds 208,869 shares or 0% of its portfolio. Moreover, Us State Bank De has 0% invested in Inphi Corporation (NYSE:IPHI) for 2,744 shares. Driehaus Cap Management Lc invested 0.44% in Inphi Corporation (NYSE:IPHI). Great West Life Assurance Communication Can has 0.01% invested in Inphi Corporation (NYSE:IPHI). Envestnet Asset Management Inc has invested 0% of its portfolio in Inphi Corporation (NYSE:IPHI). 1832 Asset Mngmt Limited Partnership stated it has 0.21% of its portfolio in Inphi Corporation (NYSE:IPHI). Lpl Financial Ltd stated it has 0% of its portfolio in Inphi Corporation (NYSE:IPHI). Suffolk Capital Mngmt Limited Com has 0.2% invested in Inphi Corporation (NYSE:IPHI). Emerald Mutual Fund Advisers Tru invested in 0.24% or 112,620 shares.

Since April 6, 2017, it had 0 insider purchases, and 2 selling transactions for $16,107 activity. Another trade for 119 shares valued at $5,430 was made by Ogawa Richard on Thursday, April 6. Torten Ron also sold $10,677 worth of Inphi Corporation (NYSE:IPHI) shares.

Inphi Corporation (NYSE:IPHI) Ratings Coverage

Among 15 analysts covering Inphi (NYSE:IPHI), 14 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Inphi has $60 highest and $26 lowest target. $43.71’s average target is 8.76% above currents $40.19 stock price. Inphi had 51 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, August 3 by Roth Capital. JP Morgan maintained the stock with “Overweight” rating in Tuesday, August 8 report. The rating was maintained by Northland Capital with “Hold” on Tuesday, August 8. The stock of Inphi Corporation (NYSE:IPHI) earned “Buy” rating by Bank of America on Friday, September 18. The firm has “Outperform” rating given on Wednesday, May 3 by Cowen & Co. The rating was maintained by Cowen & Co with “Market Perform” on Thursday, December 22. The firm has “Buy” rating by Stifel Nicolaus given on Friday, February 5. Jefferies maintained the shares of IPHI in report on Tuesday, July 4 with “Buy” rating. The firm earned “Buy” rating on Thursday, March 24 by Roth Capital. The stock of Inphi Corporation (NYSE:IPHI) has “Outperform” rating given on Wednesday, February 8 by Cowen & Co.

The stock increased 4.12% or $1.59 on September 15, reaching $40.19. About 986,902 shares traded or 15.69% up from the average. Inphi Corporation (NYSE:IPHI) has risen 38.34% since September 17, 2016 and is uptrending. It has outperformed by 21.64% the S&P500.

Investors wait Inphi Corporation (NYSE:IPHI) to report on November, 7. its quarterly earnings Wall Street analysts expect $0.08 EPS, down $0.22 or 73.33 % from last year’s $0.3 same quarter earnings. This translates into $3.38M profit for IPHI giving the stock a 125.59 P/E. This is assuming the current $0.08 EPS is accurate. Inphi Corporation’s Wall Street analysts see -11.11 % negative EPS growth, taking into account the $0.09 EPS reproted in the previous quarter,

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications and datacenter markets. The company has market cap of $1.70 billion. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment and datacenters. It currently has negative earnings. It is engaged in the design, development and sale of analog connectivity components that operate to maintain, amplify and manage signal integrity at high speeds in a range of applications.

More notable recent Inphi Corporation (NYSE:IPHI) news were published by: Seekingalpha.com which released: “Inphi’s Long-Term Potential” on May 26, 2017, also Seekingalpha.com with their article: “Inphi (IPHI) Q2 2017 Results – Earnings Call Transcript” published on August 08, 2017, Globenewswire.com published: “Inphi to Showcase Latest M200 DSP, Polarisâ„¢ and COLORZ® Portfolio Solutions …” on September 13, 2017. More interesting news about Inphi Corporation (NYSE:IPHI) were released by: Fool.com and their article: “Why Inphi Corp. Stock Plummeted Today” published on May 03, 2017 as well as Globenewswire.com‘s news article titled: “Inphi Announces M200 Ultra-Low Power 100/200G Coherent Digital Signal …” with publication date: September 12, 2017.

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