Citigroup Maintains Buy on Valens Semiconductor, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Buy rating on Valens Semiconductor (NYSE:VLN) but lowers the price target from $6 to $5.

May 31, 2023 | 10:24 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup analyst Atif Malik maintains a Buy rating on Valens Semiconductor (NYSE:VLN) but lowers the price target from $6 to $5.
The news of Citigroup maintaining a Buy rating on Valens Semiconductor is positive for the stock. However, the lowering of the price target from $6 to $5 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100