Deutsche Bank Maintains Hold on Wolfspeed, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Robert Sanders maintains a Hold rating on Wolfspeed (NYSE:WOLF) and lowers the price target from $35 to $30.
April 23, 2024 | 4:14 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Deutsche Bank maintains a Hold rating on Wolfspeed and lowers the price target from $35 to $30.
The reduction in price target by Deutsche Bank suggests a bearish outlook on Wolfspeed's stock price in the short term. This adjustment reflects the analyst's view on the company's future performance, potentially influencing investor sentiment and stock price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100