Susquehanna Maintains Neutral on Wolfspeed, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland has maintained a Neutral rating on Wolfspeed (NYSE:WOLF) and lowered the price target from $50 to $35.
October 24, 2023 | 3:35 pm
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NEGATIVE IMPACT
Susquehanna has maintained a Neutral rating on Wolfspeed and lowered the price target from $50 to $35.
The lowering of the price target by Susquehanna from $50 to $35 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Wolfspeed's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100