Craig-Hallum Maintains Buy on Everspin Technologies, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on Everspin Technologies (MRAM) but lowers the price target from $11 to $10.
May 02, 2024 | 4:59 pm
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NEUTRAL IMPACT
Craig-Hallum maintains a Buy rating on Everspin Technologies but lowers the price target from $11 to $10.
The maintenance of a Buy rating suggests a positive outlook on Everspin Technologies' fundamentals or growth prospects, while the reduction in price target could reflect adjustments in market conditions or revised earnings expectations. The neutral score indicates that the positive sentiment from maintaining a Buy rating could be offset by the negative sentiment from lowering the price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100