Vishay initiated with a Neutral at JPMorgan

JPMorgan analyst Peter Peng initiated coverage of Vishay (VSH) with a Neutral rating and $19 price target The firm sees a balanced risk/reward profile at current share levels. Vishay is well positioned to benefit from the recovery of the semiconductor cycle and the long-term trend of increasing electronic content driven by the digitalization and electrification of applications across its core automotive and industrial markets, the analyst tells investors in a research note. However, JPMorgan says that in the near term, the recovery in the automotive and industrial markets has been slower than anticipated, posing a risk to first half of 2025 consensus estimates.