This Analyst Sees 82% Upside In Alpha & Omega Semiconductor - Read Why - Alpha & Omega (NASDAQ:AOSL)

Benchmark analyst David Williams initiated coverage of Alpha & Omega Semiconductor Ltd (NASDAQ:AOSL) with a Buy and $55 price target, implying an 82.2% upside.
The current robust demand environment has accelerated structural improvements. Williams believes Alpha & Omega has now reached a "fundamental inflection point" as it has achieved scale to support a long-term path of double-digit revenue growth.
Revenue is becoming increasingly diversified, and new products are providing significant content expansion, Williams added.
Price Action: AOSL shares traded higher by 7.06% at $30.64 on the last check Thursday.

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Benchmark analyst David Williams initiated coverage of Alpha & Omega Semiconductor Ltd (NASDAQ:AOSL) with a Buy and $55 price target, implying an 82.2% upside.
The current robust demand environment has accelerated structural improvements. Williams believes Alpha & Omega has now reached a "fundamental inflection point" as it has achieved scale to support a long-term path of double-digit revenue growth.
Revenue is becoming increasingly diversified, and new products are providing significant content expansion, Williams added.
Price Action: AOSL shares traded higher by 7.06% at $30.64 on the last check Thursday.

To add Benzinga News as your preferred source on Google, click here.