UBS initiated coverage of Indie Semiconductor (INDI) with a Neutral rating and $4.50 price target Indie is an auto semi specialist pivoting from infotainment to advanced driver assistance, including a key corner radar sensor shipping beginning Q4 and ramping in 2026, the analyst tells investors in a research note. The firm waits on the sidelines until the company’s advanced driver assistance-driven 30% long term revenue growth outlook is “more palpable.”
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