Navitas Semiconductor Announces Second Quarter 2024 Financial Results
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Navitas Semiconductor (NVTS) PT Lowered to $6 at Deutsche Bank
August 6, 2024 5:20 AM EDTDeutsche Bank analyst Ross Seymore lowered the price target on Navitas Semiconductor (NASDAQ: NVTS) to $6.00 (from $7.00) while maintaining a Buy rating.
The analyst comments "NVTS delivered 2Q24 results above DBe ($20.5m vs. DBe $20.0m) and GMs of 40.3%, however similar to its peers issued muted... More
