Craig-Hallum analyst Richard Shannon maintained a Buy rating on SkyWater Technology (SKYT – Research Report) today. The company’s shares opened today at $10.13.
Shannon covers the Technology sector, focusing on stocks such as AXT, Vicor, and Navitas Semiconductor. According to TipRanks, Shannon has an average return of 4.1% and a 42.62% success rate on recommended stocks.
Currently, the analyst consensus on SkyWater Technology is a Strong Buy with an average price target of $14.67.
The company has a one-year high of $12.97 and a one-year low of $4.73. Currently, SkyWater Technology has an average volume of 449.1K.
Based on the recent corporate insider activity of 63 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 SKYT in relation to earlier this year.
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SkyWater Technology (SKYT) Company Description:
SkyWater Technology Inc is a pure-play technology foundry that offers advanced semiconductor development and manufacturing services from its fabrication facility, in Minnesota and advanced packaging services from the Florida facility. It specializes in advanced Innovation Engineering Services and volume manufacturing of a wide variety of differentiated integrated circuits.
