TD Cowen Maintains Buy on Silvaco Group, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Krish Sankar maintains a Buy rating on Silvaco Group (NASDAQ:SVCO) but lowers the price target from $23 to $20.

October 16, 2024 | 12:18 pm
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TD Cowen analyst Krish Sankar maintains a Buy rating on Silvaco Group but lowers the price target from $23 to $20, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Silvaco Group's prospects, but the lowered price target indicates a tempered outlook, likely due to revised expectations or market conditions. This mixed signal may result in neutral short-term price movement.
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IMPORTANCE 80
RELEVANCE 100