Vishay Precision upgraded to Buy from Neutral at B. Riley

B. Riley upgraded Vishay Precision (VPG) to Buy from Neutral with a price target of $28.50, up from $24.50. While 2024 was a challenging year and the company’s Q4 results were below expectations, the recent improvement in order activity indicates that an early-stage recovery could be underway and Vishay is already trading below its book value of $24-plus per share, the analyst tells investors in a research note. The firm is also optimistic about some of the company’s newer markets, including humanoid robots. It expects Vishay’s sales activity to improve throughout 2025 and believes the shares are attractively priced.