B. Riley lowered the firm’s price target on Silvaco (SVCO) to $12 from $16 and keeps a Buy rating on the shares. Guidance for Q2 and 2025 was below estimates, with management professing heightened conservatism amid unusual maco uncertainty, the analyst tells investors in a research note. B. Riley believes Silvaco has entered a new phase of evolution with inorganic complements to organic capability while retaining numerous longer-term secular and company positives.
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