Form 10-Q WOLFSPEED, INC. For: Dec 29

Go back to Form 10-Q WOLFSPEED, INC. For: Dec 29

Wolfspeed (WOLF) PT Lowered to $7 at Citi

February 3, 2025 8:58 AM EST

Citi analyst Atif Malik lowered the price target on Wolfspeed (NYSE: WOLF) to $7.00 (from $13.00) while maintaining a Neutral rating.

The analyst comments "We update our model post Dec-Q results. Dec-Q sales were $180.5M down 13% Y/Y inline with our/Street prior... More