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UBS Group has initiated coverage of indie Semiconductor (NASDAQ: INDI) with a "neutral" rating and a $4.50 price target, indicating a potential upside of 3.21%. Other analysts have varied opinions, with Roth Mkm setting a target of $5.00 and Benchmark at $9.00, while the stock currently holds a consensus rating of "Moderate Buy" with an average target price of $8.29. Recently, COO Michael Wittmann and CEO Donald McClymont sold significant shares, reflecting insider activity amidst a backdrop of institutional investment growth, with 67.73% of the stock owned by institutional investors.
Michael Wittmann
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ubs initiates coverage of indie semiconductor with neutral rating and price target
Harbor Capital Advisors Inc.
UBS Group AG
Benchmark Electronics, Inc.
Artemis Investment Management LLP
USA
Michael Wittmann
Donald McClymont
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13:57 24.01.2025
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