Roth MKM Maintains Buy on SiTime, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva has maintained a 'Buy' rating on SiTime (NASDAQ:SITM) but lowered the price target from $150 to $125.
November 02, 2023 | 8:46 pm
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NEUTRAL IMPACT
Roth MKM has maintained a 'Buy' rating on SiTime but lowered the price target from $150 to $125.
The news is directly related to SiTime (SITM). While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential slowdown in growth or increased risk, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100