Microsemi (MSCC +1.7%) is upgraded by Oppenheimer, citing the recent pullback in shares driven...

|About: Microsemi Corporation (MSCC)|By:, SA News Editor

Microsemi (MSCC +1.7%) is upgraded by Oppenheimer, citing the recent pullback in shares driven by exaggerated concerns over defense spending which creates a compelling buying opportunity. The firm adds that the company stands out by offering investors a "rare combination of best-in-group visibility, steadily growing backlog and margin expansion."