Piper Sandler Reiterates Overweight on Enovix, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Potter has reiterated an Overweight rating on Enovix (NASDAQ:ENVX) but has lowered the price target from $23 to $19.
August 05, 2024 | 12:50 pm
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Piper Sandler has reiterated an Overweight rating on Enovix but lowered the price target from $23 to $19.
The reiteration of the Overweight rating is positive, indicating continued confidence in the stock. However, the lowered price target suggests some caution, balancing the overall impact to neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100