Deutsche Bank lowered the firm’s price target on Navitas Semiconductor (NVTS) to $4 from $6 and keeps a Buy rating on the shares post the Q3 report.
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Read More on NVTS:
- Navitas Semiconductor price target lowered to $5 from $7 at Baird
- Navitas Semiconductor Q3 2024 Financial Performance
- Navitas Semiconductor reports Q3 EPS (6c), consensus (6c)
- Navitas Semiconductor sees Q4 revenue $18M-$20M, consensus $24.07M
- Navitas Semiconductor to reduce headcount by 14% in cost-reduction plan