Nordic Semiconductor Likely to Be Hit by Increased Competition -- Market Talk

Dow Jones

2025/06/18

0822 GMT - Nordic Semiconductor's growth expectations for 2026 need to be tempered, Jefferies analyst Janardan Menon write in a note. The Norway-based semiconductor company is likely to face increasing competition in Nordic market, the analyst say. The U.S. bank cuts its stock recommendation to underperform from buy and its target price to 102 Norwegian krone from 164 krone. Shares are down 3.6% at 134.50 krone. (najat.kantouar@wsj.com)

(END) Dow Jones Newswires

June 18, 2025 04:22 ET (08:22 GMT)

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