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Stock impact report

Enovix Corp (ENVX) Comes Under The Focus Of Analysts [Yahoo! Finance]

Enovix Corporation (ENVX) 
Company Research Source: Yahoo! Finance
We recently published 9 Best Battery Stocks to Buy Before They Explode . Enovix Corporation (NASDAQ:ENVX) is one of the best battery stocks to buy before they explode. Enovix Corporation (NASDAQ:ENVX)'s price target was cut by Craig-Hallum on February 26th. The firm cut the battery company's price target to $10 from $16 and kept a Buy rating, as per The Fly. Craig-Hallum outlined that while Enovix Corporation (NASDAQ:ENVX) could introduce next-generation batteries in the smartphone industry, investors should also focus on the firm's production timelines due to troubles with laser dicing. Like Craig-Hallum, analysts at Cannacord Genuity also cut Enovix Corporation (NASDAQ:ENVX)'s share price target on February 26th. They reduced the target to $15 from $21. Enovix Corp (ENVX) Comes Under The Focus Of Analysts Photo by Mika Baumeister on Unsplash As part of its fourth quarter earnings report, Enovix Corporation (NASDAQ:ENVX) reported $11.3 million in revenue for the quarter and Show less Read more
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