Roth MKM Maintains Neutral on CEVA, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva maintains a Neutral rating on CEVA, Inc. (NASDAQ:CEVA) and lowers the price target from $25 to $20.
May 10, 2024 | 2:15 pm
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NEGATIVE IMPACT
Roth MKM analyst Suji Desilva maintains a Neutral rating on CEVA and lowers the price target from $25 to $20, indicating a cautious outlook on the stock's short-term price movement.
The reduction in price target by Roth MKM suggests a less optimistic view on CEVA's short-term financial performance or stock price potential, likely leading to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100