TD Cowen analyst Krish Sankar raised the firm’s price target on SkyWater Technology to $15 from $12 and keeps an Outperform rating on the shares. The firm updated its model following its Q4 beat and raise and said the company remains an attractive small cap name given its DoD accredited US fabs, disciplined cost management, and strong financial leverage.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SKYT:
- SKYT Upcoming Earnings Report: What to Expect?
- SkyWater Technology signs production agreement with Nautilus Biotechnology
- 3 Best Stocks to Buy Now, 1/31/2024, According to Top Analysts
- SkyWater Technology, Deca Technologies awarded $120M contract from DoD
- SkyWater Technology submits application to CHIPS for funding
