Benchmark Maintains Buy on Diodes, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst David Williams maintains a Buy rating on Diodes (NASDAQ:DIOD) but has lowered the price target from $95 to $70.
November 09, 2023 | 4:50 pm
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Benchmark analyst maintains a Buy rating on Diodes but lowers the price target from $95 to $70.
The news is directly related to Diodes (DIOD). The maintained Buy rating indicates continued confidence in the company, but the lowered price target may suggest a slower growth expectation. This could have a neutral impact on the stock in the short term as the positive and negative sentiments balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100