Rosenblatt Maintains Buy on Navitas Semiconductor, Raises Price Target to $12
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Kevin Cassidy maintains a 'Buy' rating on Navitas Semiconductor (NASDAQ:NVTS) and has raised the price target from $10 to $12.
August 15, 2023 | 10:58 am
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Navitas Semiconductor's price target has been raised from $10 to $12 by Rosenblatt, with a maintained 'Buy' rating.
The raised price target and maintained 'Buy' rating by Rosenblatt indicates a positive outlook for Navitas Semiconductor. This could potentially lead to an increase in the stock's price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100