Netlist, Inc. (OTCMKTS:NLST – Get Free Report)’s share price rose 3.9% on Wednesday. The stock traded as high as $6.92 and last traded at $6.92. 1,700,826 shares changed hands during trading, a decline of 14% from the average session volume of 1,986,271 shares. The stock had previously closed at $6.66.
Analysts Set New Price Targets
Several equities research analysts have recently commented on NLST shares. Zacks Research lowered Netlist from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Roth Capital reissued a “buy” rating on shares of Netlist in a report on Wednesday, September 2nd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $15.00.
Get Our Latest Analysis on Netlist
Netlist Stock Down 7.7%
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Netlist stock. Compass Financial Management LLC bought a new position in Netlist, Inc. (OTCMKTS:NLST – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,000 shares of the semiconductor company’s stock, valued at approximately $34,000. 0.01% of the stock is currently owned by hedge funds and other institutional investors.
About Netlist
Netlist, Inc is a technology company that develops high-performance memory and storage solutions for enterprise computing, cloud infrastructure, data centers and other demanding applications. Its products are designed to improve system capacity, performance, reliability and efficiency in servers and computing platforms.
The company’s offerings have included memory modules based on DRAM technologies, including registered DIMMs and other specialized memory products, as well as solid-state storage and related solutions.
Featured Stories
- Five stocks we like better than Netlist
- Alphabet and Unity Level Up Game Development
- Applied Digital’s Hidden Moat Could Unlock Massive Upside
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
Receive News & Ratings for Netlist Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netlist and related companies with MarketBeat.com's FREE daily email newsletter.
