Needham Maintains Buy on SkyWater Technology, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Rajvindra Gill has maintained a Buy rating on SkyWater Technology (NASDAQ:SKYT) and increased the price target from $13 to $15.
February 27, 2024 | 3:36 pm
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Needham analyst Rajvindra Gill reaffirmed a Buy rating on SkyWater Technology and raised the price target from $13 to $15.
The increase in price target by a reputable analyst suggests a positive outlook on the company's future performance, which could lead to increased investor confidence and a potential rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100