Enovix Set To Meet Q4 Expectations, Eyes Smartphone Battery Breakthrough: JP Morgan
1. JP Morgan's Bill Peterson maintains Overweight rating on ENVX, targeting $15.00. 2. Fourth-quarter results expected to meet or exceed previous expectations. 3. Positive customer discussions and order pipelines are anticipated. 4. Management may discuss tariff impacts and responsibilities in CFO search. 5. ENVX well-positioned as a non-Chinese battery supplier amidst geopolitical factors.