Barclays Maintains Equal-Weight on SiTime, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Blayne Curtis maintains an Equal-Weight rating on SiTime (NASDAQ:SITM) and raises the price target from $88 to $110.
July 20, 2023 | 10:20 am
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Barclays maintains an Equal-Weight rating on SiTime and raises the price target from $88 to $110, which could potentially lead to an increase in the stock's price.
The raised price target by Barclays indicates a positive outlook for SiTime. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
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