BMO Capital analyst Ambrish Srivastava maintained a Hold rating on Wolfspeed (WOLF – Research Report) today and set a price target of C$90.00. The company's shares closed last Thursday at $94.81. According to TipRanks.com, Srivastava is a 5-star analyst with an average return of 12.7% and a 67.0% success rate. Srivastava covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Skyworks Solutions. Currently, the analyst consensus on Wolfspeed is a Moderate Buy with an average price target of $119.13, representing a 17.3% upside. In a report released today, Charter Equity also maintained a Hold rating on the stock.
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