Needham Maintains Buy on Silicom, Lowers Price Target to $35
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Alex Henderson maintains a Buy rating on Silicom (NASDAQ:SILC) but lowers the price target from $58 to $35.
August 01, 2023 | 8:17 am
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Needham analyst maintains a Buy rating on Silicom but lowers the price target from $58 to $35.
The news is directly related to Silicom. While the Buy rating is maintained, the lowered price target might indicate a slower growth expectation, which could potentially impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100