Navitas Semiconductor (NVTS) was downgraded to a Hold Rating at Deutsche Bank
Navitas Semiconductor (NVTS – Research Report) received a Hold rating and price target from Deutsche Bank analyst today. The company's shares closed yesterday at $7.19.
Confident Investing Starts Here:
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Navitas Semiconductor with a $3.50 average price target.
NVTS market cap is currently $1.41B and has a P/E ratio of -13.92.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NVTS in relation to earlier this year. Earlier this month, Todd Glickman, the Sr. V.P., CFO & Treasurer of NVTS sold 100,000.00 shares for a total of $800,000.00.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
What Happens to Equities If the Strait of Hormuz Closes?
Deutsche Bank Global Macro and Thematic Research Head Jim Reid discusses the impact of tensions between Israel and Iran on equity markets and what a potential closure of the Strait of Hormuz could mean for oil prices. "If the Strait of Hormuz got closed then our guys think oil would go to 120," Reid tells Bloomberg Television. Sign in to access your portfolio
Bloomberg
3 hours ago
- Bloomberg
What Happens to Equities If the Strait of Hormuz Closes?
Deutsche Bank Global Macro and Thematic Research Head Jim Reid discusses the impact of tensions between Israel and Iran on equity markets and what a potential closure of the Strait of Hormuz could mean for oil prices. "If the Strait of Hormuz got closed then our guys think oil would go to 120," Reid tells Bloomberg Television. (Source: Bloomberg)
CNBC
4 hours ago
- CNBC
U.S. Treasury yields fall as investors weigh state of Israel-Iran tensions
U.S. Treasury yields fell on Tuesday after U.S. President Donald Trump departed early from the Group of Seven summit, signaling an escalation in Israel-Iran tensions. The yield on the benchmark 10-year Treasury was over 2 basis points lower at 4.432% at 3.58 a.m. ET. The 2-year Treasury yield slipped 2 basis points to 3.95%. One basis point is equivalent to 0.01%. Bond yields and prices have an inverse relationship. Trump noted that his early exit from the summit was due to "much bigger" things than negotiating a ceasefire between Tel Aviv and Tehran, while calling on Iranians to "immediately evacuate Tehran." "Indeed, there have been no signs of de-escalation in the aerial war, with reports of explosions against in Tehran overnight, while Iran launched more missiles into Israel," Deutsche Bank wrote in a note published Tuesday. The Group of Seven summit concluded in Canada on Tuesday, with no joint communique expected at the end of the gathering. "There are still big questions as to whether Israel would be receptive to a ceasefire, given that it is seeking to destroy Iran's nuclear program," said Deutsche Bank's analysts. The conflict between Israel and Iran has yet to show any concrete signs of abating after Israel conducted military strikes on Iran last Friday. Both regional powers issued new evacuation orders as missiles continue to be launched at each other for a fourth straight day. Investors will also be keeping an eye out on May retail sales data coming out later in the day.
