Oppenheimer Maintains Outperform on QuickLogic, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Martin Yang has maintained an Outperform rating on QuickLogic (NASDAQ:QUIK) and increased the price target from $10 to $12.
November 15, 2023 | 6:22 pm
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Oppenheimer analyst Martin Yang reaffirms an Outperform rating on QuickLogic and raises the price target to $12, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100