TD Cowen Maintains Outperform on Wolfspeed, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Matthew Ramsay has maintained an 'Outperform' rating on Wolfspeed (NYSE:WOLF), but lowered the price target from $72 to $50.
August 17, 2023 | 3:03 pm
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TD Cowen has maintained an 'Outperform' rating on Wolfspeed, but lowered the price target from $72 to $50.
The news is directly related to Wolfspeed (WOLF). While the 'Outperform' rating is maintained, the lowering of the price target from $72 to $50 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
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IMPORTANCE 80
RELEVANCE 100