Morgan Stanley analyst Joseph Moore maintained a Hold rating on Wolfspeed (WOLF – Research Report) today and set a price target of $101.00. The company's shares closed last Thursday at $88.99. According to TipRanks.com, Moore is a 5-star analyst with an average return of 11.2% and a 55.1% success rate. Moore covers the Technology sector, focusing on stocks such as Silicon Laboratories, GlobalFoundries Inc, and NXP Semiconductors. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wolfspeed with a $116.11 average price target, representing a 19.6% upside. In a report released today, Charter Equity also maintained a Hold rating on the stock.
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