Xperi shares are trading higher after Rosenblatt initiated coverage on the stock with a Buy rating and announced a $15 price target.
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt initiated coverage on Xperi with a Buy rating and a $15 price target, causing the stock to trade higher.

June 13, 2023 | 5:04 pm
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POSITIVE IMPACT
Xperi's stock price is trading higher after Rosenblatt initiated coverage with a Buy rating and a $15 price target.
Rosenblatt's initiation of coverage with a Buy rating and a $15 price target is a positive signal for Xperi's stock price. This endorsement from a reputable analyst firm increases investor confidence and can lead to higher demand for the stock, driving the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100