Wolfspeed Comments on Letter from JANA Partners

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Go back to Wolfspeed Comments on Letter from JANA Partners

Wolfspeed (WOLF) PT Lowered to $30 at Deutsche Bank

April 23, 2024 5:16 AM EDT

Deutsche Bank analyst Robert Sanders lowered the price target on Wolfspeed (NYSE: WOLF) to $30.00 (from $35.00) while maintaining a Hold rating.

The analyst comments "Wolfspeed missed expectations last quarter on industrial softness. However, it is clear from newsflow on BEV sell-through in recent months that there is likely to be... More