Oppenheimer Maintains Market Perform on BCD Semiconductor

Oppenheimer is out with its report today on BCD Semiconductor BCDS, maintaining Market Perform. In a note to clients, Oppenheimer writes, "At 6x our CY12 EPS estimate of $1.16, BCD trades at a discount to peers' 10x. Given BCD's elevated risk profile associated with high PC/Consumer and regional (Asia) concentration, we do not believe shares deserve a valuation premium at this time. We are maintaining our Perform rating." Shares of BCDS closed Monday at $6.75.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorAnalyst RatingsOppenheimer
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!