Needham has downgraded due to unsatisfactory booking and bac...

Moomoo AI Oct 25, 2023 22:32

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. Read more

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