Deutsche Bank Maintains Hold on Wolfspeed, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Robert Sanders has maintained a 'Hold' rating on Wolfspeed (NYSE:WOLF) and lowered the price target from $60 to $48.
September 22, 2023 | 3:29 pm
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Deutsche Bank has maintained a 'Hold' rating on Wolfspeed and lowered the price target from $60 to $48.
The lowering of the price target by Deutsche Bank from $60 to $48 indicates a bearish outlook for Wolfspeed. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100