Credit Suisse Upgrades Himax Techs to Outperform, Raises Price Target to $8
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Jerry Su has upgraded Himax Techs (NASDAQ:HIMX) from Neutral to Outperform and raised the price target from $7 to $8.
August 11, 2023 | 1:24 pm
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POSITIVE IMPACT
Himax Techs has been upgraded to Outperform by Credit Suisse, with a raised price target of $8. This could potentially lead to a positive impact on the stock's price.
The upgrade from Neutral to Outperform by Credit Suisse indicates a positive outlook for Himax Techs. The raised price target from $7 to $8 also suggests that the analyst sees potential for the stock's price to increase. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100