SkyWater Technology (SKYT) Misses Q2 EPS by 10c

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SkyWater Technology, Inc (SKYT) PT Lowered to $32 at Needham & Company

August 5, 2021 6:49 AM EDT

Needham & Company analyst Rajvindra Gill lowered the price target on SkyWater Technology, Inc (NASDAQ: SKYT) to $32.00 (from $40.00) while maintaining a Buy rating.

The analyst commented, "SkyWater reported a solid quarter across both the ATS and wafer segments, while reinforcing its 25% revenue growth... More