WestPark Capital upgraded Ideal Power (IPWR) to Buy from Hold with a $10.75 price target The company’s new CEO David Somo “brings extensive go to market experience” in the power semiconductor industry, the analyst tells investors in a research note. Further, the firm sees significant industry progress in automotive electrification, industrial and emerging data center trends. It believes solid state semiconductor technology become a “must have,” benefiting Ideal Power.
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