Craig-Hallum Maintains Buy on QuickLogic, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on QuickLogic (NASDAQ:QUIK) but lowers the price target from $16 to $12.
August 14, 2024 | 12:44 pm
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Craig-Hallum analyst Richard Shannon maintains a Buy rating on QuickLogic but lowers the price target from $16 to $12.
The maintained Buy rating suggests continued confidence in QuickLogic's prospects, but the lowered price target indicates tempered expectations for its short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100