Maxim Group Downgrades WiSA Technologies to Hold
Portfolio Pulse from Benzinga Newsdesk
Maxim Group analyst Jack Vander Aarde has downgraded WiSA Technologies (NASDAQ:WISA) from Buy to Hold, indicating a shift in the firm's outlook on the company's stock.
November 20, 2023 | 2:45 pm
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WiSA Technologies has been downgraded by Maxim Group from Buy to Hold, which may lead to a negative perception among investors and could potentially impact the stock's performance in the short term.
Analyst ratings often influence investor sentiment and can lead to price movements. A downgrade from Buy to Hold suggests that the analyst sees limited upside potential or increased risk in the stock, which could result in a decrease in investor interest and a potential decline in the stock price in the short term.
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