ThinkEquity initiated coverage of Valens Semiconductor (VLN) with a Buy rating and $5 price target Valens is a leader in high-performance connectivity solutions, leveraging advanced semiconductor technologies to serve professional autonomous vehicle, automotive, industrial, and machine vision markets, the analyst tells investors in a research note. The firm says the company’s chipsets enable long-distance, noise-resilient data transmission, addressing critical industry needs and driving growth in established and emerging sectors.
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Read More on VLN:
- Valens Semiconductor Launches $10 Million Share Buyback
- Valens Semiconductor approves $10M share repurchase program
- Valens Semiconductor Announces Ambitious Growth Strategy
- Valens Semiconductor sees FY24 revenue $57.2M-$57.5M, consensus $57.3M
- Valens Semiconductor sees FY25 revenue $71M-$76M, consensus $67.35
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
