DA Davidson raised the firm’s price target on PDF Solutions (PDFS) to $36 from $34 and keeps a Buy rating on the shares. The company’s User Conference and first analyst day since 2023 featured positive revisions to its long-term financial targets and an updated view onPDF Solutions’ growth drivers and expanding addressable market, which is expected to double by 2030, the analyst tells investors in a research note. The firm adds it was encouraged by the management’s underwriting of 20% Y/Y revenue growth going forward.
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