Stifel analyst Tore Svanberg lowered the firm’s price target on SiTime (SITM) to $230 from $250 and keeps a Buy rating on the shares. In the Analog, Connectivity, and Processors sector, the firm lists SiTime as one of the companies with considerable resets, but strong secular growth, the analyst tells investors.
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Read More on SITM:
- SiTime price target raised to $130 from $90 at Barclays
- SiTime price target raised to $230 from $205 at Roth MKM
- SiTime Reports Robust Q3 2024 Financial Growth
- SiTime reports Q3 non-GAAP EPS 40c, consensus 26c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
