FBR Reiterates Outperform on LSI, Raises PT to $10

FBR reiterated its Outperform rating on LSI LSI. At the same time, the rating agency raised its price target on the company's stock from $9 to $10. On Wednesday, LSI closed the day at $6.44. Its shares skyrocketed in today's pre-market trading, rising 11.8% to stand around $7.20.
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Posted In: Price TargetReiterationAnalyst RatingsFBRInformation TechnologySemiconductors
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