BofA downgraded Nordic Semiconductor (NDCVF) to Underperform from Buy, citing the view that consensus revenue estimates for FY25 and FY26 are too high.
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Read More on NDCVF:
- Nordic Semiconductor Initiates Share Buyback Post-Memfault Acquisition
- Nordic Semiconductor price target lowered to NOK 115 at Morgan Stanley
- Nordic Semiconductor Acquires Memfault to Enhance IoT Solutions
- Nordic Semiconductor downgraded to Underperform from Buy at Jefferies
- Nordic Semiconductor initiated with a Buy at Berenberg
