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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIOD: