Citigroup Maintains Buy on Valens Semiconductor, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Buy rating on Valens Semiconductor (NYSE:VLN) but lowers the price target from $5 to $4.
August 10, 2023 | 3:16 pm
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NEUTRAL IMPACT
Citigroup maintains a Buy rating on Valens Semiconductor but lowers the price target from $5 to $4.
The news is directly related to Valens Semiconductor. While the maintained Buy rating is positive, the lowered price target might have a neutral to slightly negative impact on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100