Benchmark lowered the firm’s price target on Diodes (DIOD) to $55 from $65 and keeps a Buy rating on the shares. Q1 results reflect continued improvement across end markets, with “much healthier” inventory and demand and no signs of pull-ins related to tariffs, notes the analyst. However, the firm adjusted its price target on more conservative FY26 EPS estimates given the macro uncertainty, the analyst noted.
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