Barclays Maintains Equal-Weight on SiTime, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley maintains an Equal-Weight rating on SiTime (NASDAQ:SITM) but lowers the price target from $130 to $90.
August 08, 2024 | 6:41 pm
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Barclays analyst Tom O'Malley maintains an Equal-Weight rating on SiTime but lowers the price target from $130 to $90.
The lowered price target from $130 to $90 by Barclays suggests a less optimistic outlook for SiTime, which could negatively impact investor sentiment and the stock price in the short term.
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