Oppenheimer Maintains Outperform on Akoustis Technologies, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer has maintained an 'Outperform' rating on Akoustis Technologies (NASDAQ:AKTS), but lowered the price target from $6 to $3.
September 07, 2023 | 3:46 pm
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Oppenheimer has maintained an 'Outperform' rating on Akoustis Technologies but lowered the price target from $6 to $3.
The lowering of the price target by Oppenheimer, a reputable financial institution, could negatively impact investor sentiment towards Akoustis Technologies, potentially leading to a short-term decrease in the stock price.
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