Baird analyst Tristan Gerra raised the firm’s price target on Navitas Semiconductor to $12 from $10 and keeps an Outperform rating on the shares. The firm noted total customer pipeline grew to over $1 billion and that strong design win momentum is building in EVs, data centers (AI), and other end markets.
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Read More on NVTS:
- Navitas Semiconductor price target raised to $12 from $10 at Rosenblatt
- Navitas Semiconductor price target raised to $11 from $8 at Needham
- Navitas Semiconductor price target lowered to $10 from $11 at BofA
- Navitas Semiconductor jumps 9% to $9.35 after Q2 results and guidance
- Navitas Semiconductor sees Q3 revenue $21M plus/minus 2%, consensus $20.08M