Stifel Maintains Buy on SiTime, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Buy rating on SiTime (NASDAQ:SITM) and raises the price target from $175 to $200.
October 17, 2024 | 2:44 pm
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Stifel analyst Tore Svanberg has maintained a Buy rating on SiTime and increased the price target from $175 to $200, indicating confidence in the company's future performance.
The increase in price target from $175 to $200 by Stifel suggests a positive outlook on SiTime's future performance. Maintaining a Buy rating indicates continued confidence in the stock, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100