Market Overview

Oppenheimer Reiterates Perform Rating on DSP Group

Related DSPG
UPDATE: Imperial Capital Initiates Coverage On DSP Group
Stocks Hitting 52-Week Highs

In a report published Wednesday, Oppenheimer reiterated its Perform rating on DSP Group (NASDAQ: DSPG).

Oppenheimer noted, “Last week's announcement from Audience Inc. as well as a timely visit from DSPG CEO, Ofer Elyakim, gave us an opportunity to update our view of DSP Group. While we have long taken the view that while DSPG has a compelling valuation, structural changes in its markets afford us time to sit on the sideline and wait as the company works to develop new products. One of those new product markets was in the news last week: voice enhancement/noise elimination. Audience, a leader in this space, recently announced its major customer, Apple, is expected to no longer be one. We believe this negative announcement is a positive for DSPG.”

DSP Group closed on Tuesday at $5.98.

Latest Ratings for DSPG

DateFirmActionFromTo
Dec 2014Imperial CapitalInitiates Coverage onOutperform
Nov 2014Roth CapitalInitiates Coverage onBuy

View More Analyst Ratings for DSPG
View the Latest Analyst Ratings

Posted-In: Oppenheimer HoldingsAnalyst Color Reiteration Analyst Ratings

 

Related Articles (DSPG)

Around the Web, We're Loving...

Get Benzinga's Newsletters