Vicor Corporation shares are trading higher after Needham maintained a Buy rating on the stock and raised its price target from $55 to $65.
Portfolio Pulse from Benzinga Newsdesk
Vicor Corporation's stock is trading higher after Needham maintained a Buy rating and raised its price target from $55 to $65.
June 26, 2023 | 1:57 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Vicor Corporation's stock price is expected to rise in the short term after Needham maintained a Buy rating and increased its price target from $55 to $65.
The news of Needham maintaining a Buy rating and raising its price target for Vicor Corporation is a positive signal for investors. This indicates that the analyst firm believes the stock has potential for growth and is undervalued at its current price. As a result, investors may be more likely to buy the stock, driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100