The Latest Breaking News from Enovix

Institutional and insider support for these highly shorted stocks is robust, setting them up for short squeezes later this year.

A volatile market presents the perfect opportunity to grab outstanding stocks at a bargain.

Wall Street believes these under-the-radar companies will soar in the coming years.

Enovix Corp. (ENVX), the next-generation battery maker, has generated far more hype than demonstrated results. While the several promising updates position the company at an inflection point, let’s find out if ENVX is worth buying. Read on….

Someone with a lot of money to spend has taken a bearish stance on Enovix (NASDAQ:ENVX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Upgrades

 

Cowen analyst Gabe Daoud lowered the price target on Enovix Corp (NASDAQ:ENVX) to $29 from $32 and maintained an Outperform rating on the shares. Daoud notes its revenue funnel grew as management highlighted significant demand/interest with applications emerging across doorbells, GPS, and medical devices. Craig-Hallum analyst Anthony Stoss lowered the price target to $35 (171% upside)…