Raymond James Maintains Outperform on SiTime, Raises Price Target to $145
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Melissa Fairbanks has maintained an 'Outperform' rating on SiTime (NASDAQ:SITM) and raised the price target from $130 to $145.
August 04, 2023 | 1:54 pm
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Raymond James has maintained an 'Outperform' rating on SiTime and raised the price target from $130 to $145, which could positively impact the stock's performance.
The 'Outperform' rating indicates that the analyst expects SiTime to do better than the market average. The increase in the price target from $130 to $145 suggests that the analyst sees more upside potential in the stock, which could lead to an increase in its price in the short term.
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IMPORTANCE 80
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