Roth Capital analyst Scott Searle lowered the firm’s price target on Blaize (BZAI) to $4.50 from $8.50 and keeps a Buy rating on the shares. The company reported Q1 results in line with pre-announced expectations as headwinds around memory available impacted the ability to service near-term wins, the analyst tells investors in a research note. The firm adds, however, that it still believes Blaize is well positioned for success.
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