Ross Seymore analyst at Deutsche Bank reiterates coverage on Navitas Semiconductor (NVTS) in the Financial sector with a Buy rating. TipRanks.com has Seymore rated as a 5 star analyst with a 74% return on investment and a 24.4% success rate. Seymore has set a price target of $ 9.
TipRanks.com reports that Navitas Semiconductor currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $13.00. The target pricing ranges from a high forecast of $22.00 down to a low forecast of $9.00. Navitas Semiconductor (NVTS)’s last closing price was $$6.67 which would put the average price target at 94.90% upside.
In addition, TradingView issued a Sell rating for NVTS over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on NVTS.
Other analysts covering NVTS include:
- Quinn Bolton of Needham issued a Buy rating with the price target of $ 9 on 1 day ago
- Richard Shannon of Craig-Hallum issued a Buy rating with the price target of $ 10 on 1 day ago
- Kevin Cassidy of Rosenblatt Securities issued a Buy rating with the price target of $ 15 on 2 days ago
- Jonathan Tanwanteng of CJS Securities issued a Buy rating with the price target of $ 13 on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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