Wall Street Analysts' Latest Stock Insights and Recommendations
TL;DR
BMO has warned that a semi stock could be in trouble as margin pressures grow. The bank's analysts have downgraded the stock from "market perform" to "underperform" and lowered their price target from $150 to $125. The move comes as the semiconductor industry faces rising costs and supply chain disruptions, which are expected to put pressure on profit margins.
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