Craig-Hallum lowered the firm’s price target on Indie Semiconductor to $10 from $12 and keeps a Buy rating on the shares. Indie’s weaker than expected results and guidance show the company is not immune to the overall auto weakness, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on INDI:
