Adeia missed sales and profit expectations and lowered its full-year forecast. Rosenblatt kept its Buy rating and still sees room for shares to rise, but the misses and forecast cut point to weaker results.
The sales and profit misses, along with a lower company forecast, point to weaker business results. Rosenblatt kept its Buy rating and still sees room for shares to rise, but the reported results weigh more heavily.
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