Enovix’s Strategic Expansion and Growth Prospects: A Buy Recommendation by George Gianarikas
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Analyst George Gianarikas from Canaccord Genuity maintains a Buy rating on Enovix with a $21.00 price target, citing strategic focus on smartphone batteries, expansion into AR/VR and audio sectors, and diversification efforts in South Korea. Despite delays, Gianarikas is confident in management's vision, expecting growth by 2026. He covers Industrials, with an average return of 11.2% and a 42.86% success rate on stocks.
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