Oppenheimer Maintains Outperform on Valens Semiconductor, Lowers Price Target to $6
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Rick Schafer maintains an Outperform rating on Valens Semiconductor (NYSE:VLN) but lowers the price target from $7 to $6.

June 09, 2023 | 4:01 pm
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Oppenheimer maintains an Outperform rating on Valens Semiconductor (NYSE:VLN) but lowers the price target from $7 to $6.
The news indicates that Oppenheimer still has a positive outlook on Valens Semiconductor, maintaining an Outperform rating. However, the lowered price target from $7 to $6 may cause some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100