Rosenblatt Reiterates Buy on CEVA, Maintains $28 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Kevin Cassidy has reiterated a Buy rating on CEVA, Inc. (NASDAQ:CEVA) and maintained a $28 price target for the company's stock.
December 07, 2023 | 12:24 pm
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Rosenblatt analyst Kevin Cassidy reaffirmed a Buy rating on CEVA, Inc. and kept the price target at $28, indicating a positive outlook on the stock.
The reiteration of a Buy rating and maintenance of a price target by a reputable analyst like Kevin Cassidy from Rosenblatt can have a positive impact on investor sentiment and potentially drive the stock price up in the short term. The specific mention of CEVA and the reaffirmation of the $28 price target suggest a strong conviction in the company's performance and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100