Benchmark Maintains Buy on Diodes, Lowers Price Target to $95
Portfolio Pulse from jenniferd'souza@benzinga.com
Benchmark analyst David Williams maintains a Buy rating on Diodes (NASDAQ:DIOD) but has lowered the price target from $100 to $95.
August 09, 2023 | 4:57 pm
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NEUTRAL IMPACT
Despite the lowered price target for Diodes from $100 to $95, Benchmark analyst David Williams maintains a Buy rating on the stock.
The news is directly about Diodes (DIOD). The lowered price target might indicate a potential downside, but the maintained Buy rating suggests that the analyst still sees value in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100