Silvaco Group (NASDAQ:SVCO) Rating Reiterated by B. Riley

B. Riley reaffirmed their buy rating on shares of Silvaco Group (NASDAQ:SVCOFree Report) in a research report released on Friday morning, Benzinga reports. The firm currently has a $28.00 price objective on the stock, up from their previous price objective of $26.00.

A number of other brokerages have also weighed in on SVCO. TD Cowen started coverage on shares of Silvaco Group in a report on Monday, June 3rd. They issued a buy rating and a $23.00 price objective on the stock. Rosenblatt Securities reaffirmed a buy rating and issued a $26.00 target price on shares of Silvaco Group in a report on Friday. Craig Hallum assumed coverage on shares of Silvaco Group in a research note on Tuesday, June 4th. They issued a buy rating and a $25.00 price objective for the company. Needham & Company LLC reiterated a buy rating and issued a $28.00 price objective on shares of Silvaco Group in a research note on Friday. Finally, Jefferies Financial Group assumed coverage on shares of Silvaco Group in a research note on Monday, June 3rd. They issued a buy rating and a $25.00 price objective for the company. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, Silvaco Group has a consensus rating of Buy and a consensus price target of $25.83.

Check Out Our Latest Research Report on Silvaco Group

Silvaco Group Stock Performance

Shares of NASDAQ SVCO opened at $17.29 on Friday. Silvaco Group has a 12-month low of $15.81 and a 12-month high of $21.59.

About Silvaco Group

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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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