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Stock Market & Financial Investment News

News Breaks
October 8, 2012
11:33 EDTISILIntersil drops sharply, levels to watch
The shares are seriously under-performing peers and the broader market this morning. The stock was downgraded by ISI Group and JP Morgan earlier today on end-market weakness and valuation. JP Morgan cut its price target to $5 and ISI reduced it's objective to $6. At the current price of $7.49, next support would be at $7.18.
News For ISIL From The Last 14 Days
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July 30, 2015
09:05 EDTISILIntersil M&A potential should support shares, says Susquehanna
Susquehanna said Intersil's disappointing Q2 results were not a surprise as they had seen weakness in Asia and lowered their estimate accordingly. The firm believes management will mitigate its current revenue weakness through cost controls and noted its mention as a potential M&A candidate should provide a floor for shares. Susquehanna maintained its Positive rating but lowered its price target to $14 from $18 on Intersil shares.
July 29, 2015
16:16 EDTISILIntersil sees Q3 adjusted EPS 12c-15c, consensus 18c
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16:15 EDTISILIntersil reports Q2 adjusted EPS 16c, consensus 16c
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