Mosys Downgraded by Zacks to Neutral (MOSY)

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Zacks cut shares of Mosys (NASDAQ: MOSY) to a neutral rating in a research note issued to investors on Thursday, AnalystRatingsNetwork reports. The firm currently has $4.60 price target on the stock.

Mosys (NASDAQ: MOSY) traded down 0.45% on Thursday, hitting $4.46. Mosys has a 1-year low of $2.76 and a 1-year high of $4.97. The stock’s 50-day moving average is currently $4.44. The company’s market cap is $180.7 million.

Several other analysts have also recently commented on the stock. Analysts at Roth Capital initiated coverage on shares of Mosys in a research note to investors on Tuesday, June 4th. They set a buy rating on the stock. Separately, analysts at Feltl & Co. initiated coverage on shares of Mosys in a research note to investors on Tuesday, March 26th. They set a buy rating and a $6.50 price target on the stock. Finally, analysts at Benchmark Co. reiterated a buy rating on shares of Mosys in a research note to investors on Tuesday, March 19th.

One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of $5.55.

MoSys, Inc. (NASDAQ: MOSY) together with its subsidiaries designs, develops, markets and licenses embedded memory intellectual property (IP), used by the semiconductor industry and electronic product manufacturers.

To view Zacks’ full report, visit www.zacks.com

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