Craig-Hallum Maintains Buy on QuickLogic, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon has maintained a Buy rating on QuickLogic (NASDAQ:QUIK) and increased the price target from $11 to $13.
November 15, 2023 | 7:01 pm
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POSITIVE IMPACT
Craig-Hallum has reaffirmed a Buy rating on QuickLogic and raised the price target from $11 to $13, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals confidence in the company's future performance and can lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100