Topeka Capital Upgrades Magnachip Semiconductor To Buy

Analysts at Topeka Capital upgraded

from Hold to Buy. The price target for Magnachip Semiconductor is set to $9. Magnachip Semiconductor shares have dropped 48.55 percent over the past 52 weeks, while the S&P 500 index has surged 10.46 percent in the same period. Magnachip Semiconductor shares rose 5.79 percent to $6.76 in pre-market trading.