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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100