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Rosenblatt Securities Sticks to Its Buy Rating for Navitas Semiconductor (NVTS)

Rosenblatt Securities Sticks to Its Buy Rating for Navitas Semiconductor (NVTS)
Analyst Bio:

In a report released today, Kevin Cassidy from Rosenblatt Securities maintained a Buy rating on Navitas Semiconductor (NVTS), with a price target of $5.00. The company’s shares closed yesterday at $2.89.

Currently, the analyst consensus on Navitas Semiconductor is a Strong Buy with an average price target of $3.70, implying a 28.03% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $4.00 price target.

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