Rosenblatt maintains Neutral rating on Navitas Semiconductor, $13 price target

Rosenblatt maintained their Neutral rating on Navitas Semiconductor's stock with a price target of $13.00.The price target implies an upside of 10.8% from the Sep 28 close of $11.73.Key takeaways from the analyst noteMarket Competition: Navitas Semiconductor operates in a highly competitive market…