Needham Reiterates Buy on Everspin Technologies, Maintains $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reiterated a 'Buy' rating on Everspin Technologies (NASDAQ:MRAM) and maintained a price target of $12.
August 04, 2023 | 1:43 pm
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Needham analyst Quinn Bolton has reiterated a 'Buy' rating on Everspin Technologies and maintained a price target of $12.
The reiteration of a 'Buy' rating by a reputable analyst like Quinn Bolton from Needham is a positive signal for Everspin Technologies. The maintained price target of $12 also indicates the analyst's confidence in the company's potential. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100