Alpha & Omega among ‘most attractive and undervalued’ in semis, says Benchmark

After having hosted Alpha & Omega’s CEO and CFO for meetings, Benchmark analyst David Williams was “encouraged by the upbeat tone and long-term outlook from management,” the analyst tells investors. Though macro demand trends remain uncertain, the firm believes Alpha & Omega continues to execute very well in the challenging environment and the firm calls it “one of the most attractive and undervalued companies across the semi complex with investors yet to recognize the growth and margin potential as the business scales.” Benchmark reiterates a Buy rating $42 price target on Alpha & Omega shares.