Needham Downgrades Silicom to Hold
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson has downgraded Silicom (NASDAQ:SILC) from Buy to Hold.

July 30, 2024 | 9:40 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Needham analyst Alex Henderson has downgraded Silicom (NASDAQ:SILC) from Buy to Hold, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Hold by a reputable analyst suggests a less favorable view on Silicom's short-term performance, which could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100