Silvaco Group (NASDAQ:SVCO - Get Free Report)'s stock had its "buy" rating reiterated by B. Riley in a research report issued on Friday, Benzinga reports. They presently have a $28.00 price target on the stock, up from their previous price target of $26.00. B. Riley's price target indicates a potential upside of 61.94% from the stock's current price.
Several other research firms also recently issued reports on SVCO. TD Cowen assumed coverage on Silvaco Group in a research note on Monday, June 3rd. They issued a "buy" rating and a $23.00 price objective for the company. Needham & Company LLC reaffirmed a "buy" rating and set a $28.00 price target on shares of Silvaco Group in a research note on Friday. Craig Hallum initiated coverage on shares of Silvaco Group in a research note on Tuesday, June 4th. They issued a "buy" rating and a $25.00 price objective on the stock. Rosenblatt Securities reaffirmed a "buy" rating and set a $26.00 target price on shares of Silvaco Group in a research report on Friday. Finally, Jefferies Financial Group initiated coverage on Silvaco Group in a research report on Monday, June 3rd. They issued a "buy" rating and a $25.00 price target on the stock. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Silvaco Group has an average rating of "Buy" and an average price target of $25.83.
Check Out Our Latest Analysis on Silvaco Group
Silvaco Group Stock Performance
SVCO traded down $0.24 during trading on Friday, hitting $17.29. 682,216 shares of the stock traded hands, compared to its average volume of 273,025. Silvaco Group has a twelve month low of $15.81 and a twelve month high of $21.59.
Silvaco Group Company Profile
(
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Silvaco Group Inc is a provider of TCAD, EDA software and SIP solutions which enable semiconductor design and AI through software and innovation. The company's solutions are used for process and device development across display, power devices, automotive, memory, high performance compute, photonics, internet of things and 5G/6G mobile markets for complex SoC design.
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