Needham has downgraded due to unsatisfactory booking and bac...
Needham has downgraded due to unsatisfactory booking and backlog data, cautious management tone, and intensified competition eating into Vicor's business. They predict the stock to be range-bound for the coming year and have lowered Vicor's 2024/2025 estimates.
Vicor Corporation Dips After Needham Downgrades to Hold Eying Third-quarter Results
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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