Rosenblatt Maintains Buy on CEVA, Lowers Price Target to $35
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Kevin Cassidy maintains a 'Buy' rating on CEVA (NASDAQ:CEVA) but has lowered the price target from $45 to $35.
August 10, 2023 | 11:58 am
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Rosenblatt has maintained a 'Buy' rating on CEVA but lowered the price target from $45 to $35, which may impact the stock's performance.
The lowered price target indicates that the analyst sees less upside potential in the stock, which could lead to a negative sentiment among investors. However, the maintained 'Buy' rating suggests that the analyst still believes in the company's potential, which could balance out the negative impact of the lowered price target.
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IMPORTANCE 80
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