28 Sept 2022: Wolfspeed shares fall 3.2% as multiple analysts downgrade ratings to 'Hold'.
On 28 September 2022, Wolfspeed shares fell 3.2% as multiple analysts downgraded their ratings, with New Street Research lowering its rating to 'neutral', William Blair and Susquehanna to 'market perform', and Deutsche Bank to 'hold'. The consensus rating for Wolfspeed is 'Hold' with a target price of $33.73. Institutional investors have also adjusted their stakes, such as Primecap Management Co. CA, Vanguard Group Inc., and Artisan Partners Limited Partnership.
August 16, 2024
3 Articles