Needham Maintains Buy on Navitas Semiconductor, Raises Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Quinn Bolton maintains a Buy rating on Navitas Semiconductor (NASDAQ:NVTS) and raises the price target from $8 to $10.
August 15, 2023 | 11:24 am
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Needham analyst has maintained a Buy rating on Navitas Semiconductor and raised the price target from $8 to $10.
The raised price target by Needham analyst indicates a positive outlook for Navitas Semiconductor. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100