Benchmark Maintains Buy on Alpha & Omega, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst David Williams maintains a Buy rating on Alpha & Omega (NASDAQ:AOSL) but has lowered the price target from $40 to $35.
November 07, 2023 | 5:08 pm
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NEUTRAL IMPACT
Despite the lowered price target for Alpha & Omega, the maintained Buy rating suggests continued confidence in the company's performance.
The lowered price target may cause some short-term uncertainty among investors, potentially impacting the stock price. However, the maintained Buy rating indicates that the analyst still sees potential in the company, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100