share_log

A Quick Look at Today's Ratings for Wolfspeed(WOLF.US), With a Forecast Between $8 to $16

Futu News ·  Oct 16 21:00  · Ratings

On Oct 16, major Wall Street analysts update their ratings for $Wolfspeed (WOLF.US)$, with price targets ranging from $8 to $16.

Morgan Stanley analyst Joseph Moore maintains with a hold rating, and adjusts the target price from $10 to $15.

Goldman Sachs analyst Brian K. Lee maintains with a buy rating.

BofA Securities analyst Vivek Arya maintains with a sell rating, and adjusts the target price from $25 to $8.

Citi analyst Atif Malik maintains with a hold rating, and maintains the target price at $16.

Furthermore, according to the comprehensive report, the opinions of $Wolfspeed (WOLF.US)$'s main analysts recently are as follows:

  • The announcement of $1.5B in funding for Wolfspeed is seen as a substantial positive that should mitigate liquidity concerns through 2026. However, the emphasis is now on Wolfspeed's ability to execute effectively moving forward.

Here are the latest investment ratings and price targets for $Wolfspeed (WOLF.US)$ from 4 analysts:

StockTodayLatestRating_nn_81187767000117_20241016_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment