Oppenheimer Maintains Outperform on QuickLogic, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Martin Yang maintains an Outperform rating on QuickLogic (NASDAQ:QUIK) but lowers the price target from $16 to $13.

August 14, 2024 | 12:35 pm
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Oppenheimer analyst Martin Yang maintains an Outperform rating on QuickLogic but lowers the price target from $16 to $13.
The Outperform rating suggests continued confidence in QuickLogic's performance, but the lowered price target indicates a more conservative outlook on its short-term valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100