Chardan Capital Maintains Buy on Valens Semiconductor, Lowers Price Target to $9
Portfolio Pulse from richadhand@benzinga.com
Chardan Capital analyst Brian Dobson maintains a Buy rating on Valens Semiconductor (NYSE:VLN) but lowers the price target from $12 to $9.

June 09, 2023 | 8:19 am
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Chardan Capital maintains a Buy rating on Valens Semiconductor (NYSE:VLN) but lowers the price target from $12 to $9.
The news of Chardan Capital maintaining a Buy rating on Valens Semiconductor is positive for the stock. However, the lowering of the price target from $12 to $9 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100