BMO Capital Initiates Microsemi At Outperform

Analysts at BMO Capital initiated coverage on

with a Outperform rating. The target price for Microsemi is set to $47. Microsemi shares have gained 40.69% over the past 52 weeks, while the S&P 500 index has surged 13.49% in the same period. Microsemi's shares fell 0.93% to close at $36.34 on Friday.