Roth MKM raised the firm’s price target on Indie Semiconductor (INDI) to $6 from $5 and keeps a Buy rating on the shares. The firm is “comfortable” with the company’s opportunities that can drive growth from multiple programs ramping through the next several quarters across auto user experience and safety applications, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INDI:
- Nvidia trades on Dow for first time, Rivian reports downbeat Q3: Morning Buzz
- 3 Best Stocks to Buy Now, 11/8/2024, According to Top Analysts
- Indie Semiconductor’s Q3 2024 Earnings and Future Prospects
- Indie Semiconductor Exceeds Q3 Revenue Expectations
- Indie Semiconductor reports Q3 EPS (28c), consensus (9c)