Piper Sandler Maintains Overweight on SkyWater Technology, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar maintains an Overweight rating on SkyWater Technology (NASDAQ:SKYT) but lowers the price target from $14 to $9.
August 08, 2024 | 11:35 am
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Piper Sandler maintains an Overweight rating on SkyWater Technology but lowers the price target from $14 to $9.
The lowered price target from $14 to $9 suggests a less optimistic outlook for SkyWater Technology, which could negatively impact investor sentiment and the stock price in the short term, despite the maintained Overweight rating.
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