Needham Reiterates Buy on MagnaChip Semiconductor, Maintains $13 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Rajvindra Gill has reiterated a 'Buy' rating on MagnaChip Semiconductor (NYSE:MX) and maintained a price target of $13.
August 10, 2023 | 10:52 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Needham analyst has reiterated a 'Buy' rating on MagnaChip Semiconductor, maintaining a price target of $13.
The reiteration of a 'Buy' rating by a Needham analyst, along with the maintenance of a $13 price target, indicates a positive outlook for MagnaChip Semiconductor. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100