Silvaco price target raised to $28 from $26 at B. Riley

B. Riley raised the firm’s price target on Silvaco to $28 from $26 and keeps a Buy rating on the shares following the fiscal Q1 report. The results and guidance support the company’s high-quality growth thesis, the analyst tells investors in a research note. The firm believes Silvaco’s fundamental and financial path offers “steady stock catalyst and valuation re-rating potential for a high-quality small-cap grower.”