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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100