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Wolfspeed price target lowered to $80 from $88 at Morgan Stanley
The Fly

Wolfspeed price target lowered to $80 from $88 at Morgan Stanley

Morgan Stanley analyst Joseph Moore lowered the firm’s price target on Wolfspeed to $80 from $88 and keeps an Equal Weight rating on the shares. The firm believes that near-term execution needs to improve for investors to "fully pay" for Wolfspeed’s long-term potential.

Published first on TheFly

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