Craig-Hallum Maintains Buy on Silvaco Group, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Christian Schwab maintains a Buy rating on Silvaco Group (NASDAQ:SVCO) but lowers the price target from $25 to $17.
October 16, 2024 | 5:11 pm
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NEUTRAL IMPACT
Craig-Hallum maintains a Buy rating on Silvaco Group but reduces the price target from $25 to $17, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Silvaco Group's potential, but the lowered price target indicates a more cautious outlook on its short-term performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100