Stifel Nicolaus Remains a Sell on Alpha and Omega (AOSL)
In a report released on June 6, Tore Svanberg from Stifel Nicolaus maintained a Sell rating on Alpha and Omega (AOSL – Research Report), with a price target of $18.00. The company's shares closed last Friday at $22.97.
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According to TipRanks, Svanberg is a 5-star analyst with an average return of 15.2% and a 58.67% success rate. Svanberg covers the Technology sector, focusing on stocks such as Semtech, Credo Technology Group Holding Ltd, and Marvell.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alpha and Omega with a $26.67 average price target.
Based on Alpha and Omega's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $164.64 million and a GAAP net loss of $10.81 million. In comparison, last year the company earned a revenue of $150.06 million and had a GAAP net loss of $11.21 million
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