In a report released today, John Vinh from KeyBanc maintained a Buy rating on indie Semiconductor (INDI – Research Report). The company’s shares closed yesterday at $4.94.
According to TipRanks, Vinh is a 5-star analyst with an average return of 12.1% and a 55.94% success rate. Vinh covers the Technology sector, focusing on stocks such as Nvidia, indie Semiconductor, and Synaptics.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for indie Semiconductor with a $14.50 average price target.
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INDI market cap is currently $887.8M and has a P/E ratio of -4.59.
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indie Semiconductor (INDI) Company Description:
Serving the automotive sector, indie Semiconductor develops cutting-edge semiconductors and software platforms.
Read More on INDI:
- 3 Best Stocks to Buy Now, 10/18/2023, According to Top Analysts
- Indie Semiconductor sees Q3 revenue above $60M, consensus $60.02M
- Indie Semiconductor files to sell 10.07M shares of Class A common for holders
- Indie Semiconductor acquires Exalos AG for $45M
- Indie Semiconductor management to meet with B. Riley
