Why Are Enovix Shares Trading Lower Today
Cowen analyst Gabe Daoud lowered the price target on Enovix Corp (NASDAQ:ENVX) to $29 from $32 and maintained an Outperform rating on the shares. Daoud notes its revenue funnel grew as management highlighted significant demand/interest with applications emerging across doorbells, GPS, and medical devices. Craig-Hallum analyst Anthony Stoss lowered the price target to $35 (171% upside)…
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