Needham & Company LLC Reaffirms “Buy” Rating for Silvaco Group (NASDAQ:SVCO)

Needham & Company LLC restated their buy rating on shares of Silvaco Group (NASDAQ:SVCOFree Report) in a research note published on Friday morning, Benzinga reports. The brokerage currently has a $28.00 price objective on the stock.

Other equities analysts have also issued reports about the company. Rosenblatt Securities reaffirmed a buy rating and set a $26.00 price target on shares of Silvaco Group in a research note on Friday. B. Riley started coverage on Silvaco Group in a report on Wednesday, June 5th. They set a buy rating and a $26.00 price objective for the company. TD Cowen started coverage on shares of Silvaco Group in a research report on Monday, June 3rd. They set a buy rating and a $23.00 target price on the stock. Craig Hallum started coverage on shares of Silvaco Group in a research report on Tuesday, June 4th. They set a buy rating and a $25.00 target price on the stock. Finally, Jefferies Financial Group started coverage on shares of Silvaco Group in a research report on Monday, June 3rd. They set a buy rating and a $25.00 target price on the stock. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of Buy and an average price target of $25.83.

View Our Latest Stock Report on Silvaco Group

Silvaco Group Price Performance

Shares of NASDAQ SVCO opened at $17.29 on Friday. Silvaco Group has a 1 year low of $15.81 and a 1 year high of $21.59.

Silvaco Group Company Profile

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Silvaco Group Inc is a provider of TCAD, EDA software and SIP solutions which enable semiconductor design and AI through software and innovation. The company’s solutions are used for process and device development across display, power devices, automotive, memory, high performance compute, photonics, internet of things and 5G/6G mobile markets for complex SoC design.

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Analyst Recommendations for Silvaco Group (NASDAQ:SVCO)

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