Separately, Canaccord Genuity reissued a buy rating and issued a $7.50 price objective on shares of PHLX Semiconductor in a report on Monday.
Shares of PHLX Semiconductor (SOX) traded up $4.60 on Friday, reaching $4.60. The company had a trading volume of 100 shares. PHLX Semiconductor has a 52 week low of $819.09 and a 52 week high of $1,321.90.
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