Roth MKM Maintains Buy on Netlist, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva maintains a Buy rating on Netlist (OTC:NLST) but lowers the price target from $4 to $2.
October 30, 2024 | 5:23 pm
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Roth MKM analyst Suji Desilva maintains a Buy rating on Netlist but lowers the price target from $4 to $2, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Netlist's potential, but the lowered price target indicates a more cautious outlook on its short-term performance. This could lead to a negative short-term impact on the stock price as investors adjust expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100