Stifel Maintains Sell on Alpha & Omega, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Sell rating on Alpha & Omega Semiconductor (AOSL) and lowers the price target from $23 to $21.
April 18, 2024 | 5:24 pm
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Stifel analyst Tore Svanberg maintains a Sell rating on Alpha & Omega Semiconductor and lowers the price target from $23 to $21.
The reduction in price target by Stifel, coupled with the maintenance of a Sell rating, suggests a negative outlook on AOSL's stock price in the short term. This could lead to decreased investor confidence and potentially lower stock prices.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100