Roth MKM Maintains Buy on Pixelworks, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva maintains a Buy rating on Pixelworks (NASDAQ:PXLW) but lowers the price target from $3 to $2.
May 15, 2024 | 4:22 pm
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Roth MKM analyst Suji Desilva maintains a Buy rating on Pixelworks but lowers the price target from $3 to $2.
The Buy rating suggests continued confidence in Pixelworks' long-term potential, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100