B. Riley analyst Craig Ellis lowered the firm’s price target on Alpha & Omega to $34 from $36 and keeps a Neutral rating on the shares post the fiscal Q2 results. The analyst says the PC weakness and inventory correction in Q2 is spreading to all other end markets in Q3. The firm sees near-term challenges for Alpha & Omega.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on AOSL: