In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Rodgers Silicon Valley Acquisition (RSVA – Research Report), with a price target of $25.00. The company’s shares closed last Tuesday at $13.97, close to its 52-week low of $11.79.
According to TipRanks.com, Richard is a top 100 analyst with an average return of 37.2% and a 74.2% success rate. Richard covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Power Integrations, and Himax Technologies.
Currently, the analyst consensus on Rodgers Silicon Valley Acquisition is a Moderate Buy with an average price target of $25.00.
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Rodgers Silicon Valley Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.