Richard Shannon analyst at Craig-Hallum reiterates coverage on Navitas Semiconductor (NVTS) in the Financial sector with a Buy rating. TipRanks.com has Lipacis rated as a 5 star analyst with a 81% return on investment and a 35.6% success rate. Shannon has set a price target of $20.
TipRanks.com reports that Navitas Semiconductor currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $22.00 . The target pricing ranges from a high forecast of $24.00 down to a low forecast of $20.00. Navitas Semiconductor (NVTS)’s last closing price was $20.16 which would put the average price target at 22.00% upside.
In addition, TradingView issued a Strong Buy rating for NVTS over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a short-term outlook. Remember, securities are volatile, so please do your own research on NVTS.
Other analysts covering NVTS include:
- Mark Lipacis of Jefferies issued a Buy rating with the price target of $24 on 1 day ago
- Tristan Gerra of Robert W. Baird issued a Buy rating with the price target of $22 on 6 days ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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