Silvaco Group (NASDAQ:SVCO) Given Buy Rating at B. Riley

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

A number of other research analysts also recently issued reports on the stock. Needham & Company LLC reiterated a buy rating and issued a $28.00 price target on shares of Silvaco Group in a research note on Friday. TD Cowen assumed coverage on shares of Silvaco Group in a research note on Monday, June 3rd. They issued a buy rating and a $23.00 price target for the company. 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 target for the company. 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 target for the company. Finally, Rosenblatt Securities reiterated a buy rating and issued a $26.00 price target on shares of Silvaco Group in a research note on Friday. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of Buy and an average price target of $25.83.

Silvaco Group Price Performance

Shares of Silvaco Group stock opened at $17.29 on Friday. Silvaco Group has a 52-week low of $15.81 and a 52-week high of $21.59.

About Silvaco Group

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.