Benchmark Reiterates Buy on Enovix, Maintains $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Michael Legg has reiterated a Buy rating on Enovix (NASDAQ:ENVX) and maintained a $25 price target.
October 30, 2024 | 2:32 pm
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Benchmark analyst Michael Legg has reiterated a Buy rating on Enovix and maintained a $25 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $25 price target by a reputable analyst suggests a positive outlook for Enovix. This can boost investor confidence and potentially lead to a short-term increase in stock price.
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