Financial services firm B. Riley raises Alpha and Omega Semiconductor's price target from $35.00 to $40.00, while Stifel Nicolaus reduces its target price to $21.

Financial services firm B. Riley raised its price target for Alpha and Omega Semiconductor (AOSL) from $35.00 to $40.00, maintaining a buy rating, while Stifel Nicolaus reduced its target price from $23.00 to $21.00 with a sell rating. The company recently reported a Q1 EPS of ($0.04) and revenue of $150.10m, beating consensus estimates. Institutional investors own 78.97% of AOSL's stock.

June 23, 2024
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