Silvaco Group (NASDAQ:SVCO) Given “Buy” Rating at Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of Silvaco Group (NASDAQ:SVCO) in a report issued on Friday morning, Benzinga reports. The firm currently has a $26.00 target price on the stock.

SVCO has been the topic of several other research reports. Needham & Company LLC started coverage on Silvaco Group in a report on Monday, June 3rd. They set a buy rating and a $28.00 target price on the stock. TD Cowen began coverage on Silvaco Group in a report on Monday, June 3rd. They set a buy rating and a $23.00 target price on the stock. B. Riley began coverage on Silvaco Group in a research note on Wednesday, June 5th. They set a buy rating and a $26.00 price target on the stock. Craig Hallum initiated coverage on Silvaco Group in a research note on Tuesday, June 4th. They set a buy rating and a $25.00 price target on the stock. Finally, Jefferies Financial Group initiated coverage on Silvaco Group in a research note on Monday, June 3rd. They issued a buy rating and a $25.00 target price on the stock. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of Buy and a consensus price target of $25.83.

Silvaco Group Stock Performance

Shares of SVCO 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.