Analysts show mixed views on Navitas Semiconductor as price targets decline

In the past three months, six analysts have evaluated Navitas Semiconductor, showing mixed opinions. Recently, five analysts rated the stock as bullish, while one remained indifferent. This contrasts with three months ago when four analysts were bullish. Analysts have adjusted their 12-month price targets, with the average now at $6.00, down from $7.27. The highest target is $7.50, and the lowest is $3.50. Several analysts have lowered their ratings and price targets in recent weeks. Key changes include Kevin Cassidy maintaining a buy rating at $7.50, while others like Joseph Moore and Richard Shannon have reduced their targets. Overall, the sentiment reflects a shift in expectations for Navitas Semiconductor's performance.