B. Riley Securities Maintains Neutral on Transphorm, Lowers Price Target to $4.5
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Craig Ellis has maintained a Neutral rating on Transphorm (NASDAQ:TGAN) and lowered the price target from $5.5 to $4.5.
June 28, 2023 | 1:46 pm
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Transphorm's price target has been lowered from $5.5 to $4.5 by B. Riley Securities, which maintains a Neutral rating on the stock.
The lowering of the price target by B. Riley Securities could potentially lead to a decrease in the stock price of Transphorm in the short term. The maintained Neutral rating indicates that the analyst does not see significant upside or downside from the current price level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100