INDI Similar Chart Price Prediction
The price of INDI is predicted to go up -2.63%, based on the high correlation periods with AN. The similarity of these two price pattern on the periods is 93.88%.
INDI
AN
Down: -2.63%Similarity: 93.88%
INDI Revenue Forecast
INDI EPS Forecast
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INDI Analyst's Forecast
Cody Acree
Benchmark
Strong Buy
Price Target
$12 → $9
Upside
+170.27%
Benchmark lowered the firm's price target on Indie Semiconductor to $9 from $12 and keeps a Buy rating on the shares. Given the "preponderance of negative news from the bulk of the automotive supply chain," the firm calls it "prudent" to lower forecasts for Indie's December quarter revenue and loss per share as well as out quarter projections, the analyst tells investors.