Enovix Corporation (ENVX) PT Raised to $24 at JPMorgan

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Enovix (ENVX) downgraded at TD Cowen following stock rally

July 21, 2023 10:43 AM EDT

Enovix (NASDAQ: ENVX) was cut to Market Perform from Outperform at TD Cowen Friday, with analyst Gabe Daoud lifting the price target to $20 per share.

The analyst told investors that the downgrade is based on the company's valuation, with the stock up... More