DA Davidson analyst William Jellison lowered the firm’s price target on PDF Solutions to $40 from $42 and keeps a Buy rating on the shares. The analyst cites the company’s FY24 outlook which reflects a slower thaw to Analytics demand and lower IYR, or Integrated Yield Ramp, revenues. DA Davidson adds however that it is still favoring risk/reward at current levels.
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Read More on PDFS:
- PDF Solutions® Reports Fourth Quarter and Full Year 2023 Results
- PDF Solutions (PDFS) Q4 Earnings Cheat Sheet
- PDF Solutions to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 15, 2024
- PDF Solutions named a ‘2024 Top Pick’ at Northland
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