Baird raised the firm’s price target on Diodes (DIOD) to $60 from $50 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results which saw overall market share gains and AI revenue gaining momentum.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIOD: