Piper Sandler analyst Sumeet Mody maintains Victory Capital Holdings (NASDAQ:VCTR) with a Underweight and lowers the price target from $29 to $27.
Wells Fargo Favors KLA, ASML In Semiconductor Capital Equipment; Expects Another Tough Earnings Cycle Before Bottom
Investor discussions and meetings over the past few weeks left Wells Fargo to consider sentiment as nearing the point of 'Bad is Good,' 'Worse is Better,' with investors looking for confirmation of a down WFE year in C2023 and a sell-side estimate reset.