Roth Capital Initiates Inphi With Buy

Analysts at Roth Capital initiated coverage on

with a Buy rating. The target price for Inphi is set to $25. Inphi shares have gained 39.78 percent over the past 52 weeks, while the S&P 500 index has surged 11.25 percent in the same period. Inphi shares rose 0.89 percent to $20.49 in pre-market trading.