Needham Reiterates Buy on MagnaChip Semiconductor, Maintains $13 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Rajvindra Gill has reiterated a Buy rating on MagnaChip Semiconductor (NYSE:MX) and maintained a $13 price target.
June 23, 2023 | 9:28 am
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Needham analyst Rajvindra Gill reiterated a Buy rating on MagnaChip Semiconductor (NYSE:MX) and maintained a $13 price target.
The reiteration of the Buy rating and maintenance of the $13 price target by Needham analyst Rajvindra Gill indicates a positive outlook for MagnaChip Semiconductor. This could lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100