Rosenblatt Maintains Buy on Navitas Semiconductor, Maintains $7.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Kevin Cassidy has reiterated a Buy rating for Navitas Semiconductor (NASDAQ:NVTS) and maintained a price target of $7.5.
October 31, 2024 | 12:31 pm
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POSITIVE IMPACT
Rosenblatt analyst Kevin Cassidy has reiterated a Buy rating for Navitas Semiconductor and maintained a price target of $7.5, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a maintained price target by a reputable analyst can positively influence investor sentiment and potentially lead to a short-term increase in the stock price. The $7.5 price target suggests an expected upside, reinforcing the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100