Cantor Fitzgerald Reiterates Overweight on Enovix, Maintains $28 Price Target
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Derek Soderberg has reiterated an Overweight rating on Enovix (NASDAQ:ENVX) and maintained a $28 price target.
September 08, 2023 | 1:56 pm
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Cantor Fitzgerald has reiterated an Overweight rating on Enovix, maintaining a $28 price target.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates a positive outlook for Enovix. The maintained price target of $28 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward pressure on the stock price in the short term.
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