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Shares of SiTime Corp (SITM) recently traded at $199.93, surpassing the average analyst target price of $195.00 per share. This movement prompts analysts to potentially reassess their targets based on the company’s fundamentals. Current targets range from a low of $130.00 to a high of $230.00, with a standard deviation of $46.904.
According to Zacks Investment Research, there are six analysts covering SiTime Corp, providing an average rating of 2.0 on a scale where 1 is a Strong Buy and 5 is a Strong Sell. Recent ratings include three Strong Buy ratings, two Buy ratings, and one Strong Sell.
This data indicates a generally optimistic outlook from analysts, suggesting that investors may evaluate whether to hold or adjust their positions in SiTime shares moving forward.
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