Northland Capital Markets Maintains Outperform on Arteris, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Gus Richard has maintained an 'Outperform' rating on Arteris (NASDAQ:AIP) but lowered the price target from $16 to $14.
September 06, 2023 | 5:21 pm
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Arteris' price target has been lowered from $16 to $14 by Northland Capital Markets, though the 'Outperform' rating is maintained.
The lowering of the price target by Northland Capital Markets could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100