Morgan Stanley Maintains Equal-Weight on Navitas Semiconductor, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Equal-Weight rating on Navitas Semiconductor (NASDAQ:NVTS) and lowered the price target from $9.2 to $8.
October 30, 2023 | 2:35 pm
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Morgan Stanley has maintained an Equal-Weight rating on Navitas Semiconductor and lowered the price target from $9.2 to $8.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Navitas Semiconductor's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100