Baird Maintains Outperform on Navitas Semiconductor, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Tristan Gerra maintains an Outperform rating on Navitas Semiconductor (NASDAQ:NVTS) and raises the price target from $10 to $12.
August 16, 2023 | 12:07 pm
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POSITIVE IMPACT
Baird analyst maintains an Outperform rating on Navitas Semiconductor and raises the price target from $10 to $12, indicating a positive outlook for the company.
The raised price target by Baird 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