Northland Capital Markets Maintains Outperform on CEVA, Lowers Price Target to $30
Portfolio Pulse from jenniferd'souza@benzinga.com
Northland Capital Markets analyst Gus Richard has maintained an 'Outperform' rating on CEVA (NASDAQ:CEVA), but lowered the price target from $35 to $30.
August 10, 2023 | 1:47 pm
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CEVA's price target has been lowered from $35 to $30 by Northland Capital Markets, though the 'Outperform' rating is maintained.
The lowering of the price target could potentially create a negative sentiment among investors, but the maintained 'Outperform' rating suggests that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100