Enovix price target raised to $25 from $15 at Benchmark

Benchmark raised the firm’s price target on Enovix (ENVX) to $25 from $15 and keeps a Buy rating on the shares. Enovix released preliminary Q2 results on July 7 and is scheduled to report full Q2 earnings after the close on Thursday, July 31, notes the analyst, who cites recent execution and the strategic significance of the AI-1 platform for the firm’s increased price target