National Securities Corp Believes Xperi Corporation (XPER) Still Has Room to Grow


In a report released today, Matthew Galinko from National Securities Corp maintained a Buy rating on Xperi Corporation (XPER), with a price target of $36. The company’s shares closed yesterday at $24.56, close to its 52-week high of $25.84.

Galinko has an average return of 51.0% when recommending Xperi Corporation.

According to TipRanks.com, Galinko is ranked #2032 out of 5185 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Xperi Corporation with a $32.67 average price target, representing a 33.0% upside. In a report issued on May 6, B.Riley FBR also reiterated a Buy rating on the stock with a $30 price target.

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Based on Xperi Corporation’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $82.76 million. In comparison, last year the company had a GAAP net loss of $33.02 million.

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Xperi Corp. engages in creating, developing and licensing innovative audio, imaging, semiconductor packaging and interconnect technologies. It operates through the following two segments: Product Licensing and Semiconductor & IP Licensing.

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