Everspin Technologies, Inc. (MRAM) Tops Q1 EPS by 9c, Offers Guidance

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Everspin Technologies (MRAM) PT Lowered to $9 at Needham & Company

May 12, 2022 7:43 AM EDT

Needham & Company analyst Rajvindra Gill lowered the price target on Everspin Technologies (NASDAQ: MRAM) to $9.00 (from $13.00) while maintaining a Strong Buy rating.

The analyst commented, "Everspin continues to make progress on improving profitability and stabilizing the margins in light of significant... More