Piper Sandler Maintains Overweight on SkyWater Technology, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar has maintained an Overweight rating on SkyWater Technology (NASDAQ:SKYT) and increased the price target from $9 to $14.
February 27, 2024 | 3:32 pm
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Piper Sandler has maintained an Overweight rating on SkyWater Technology and raised the price target from $9 to $14.
The increase in price target by a reputable analyst firm like Piper Sandler typically signals a strong bullish outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in SKYT's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100