MicroVision's Strategic Moves And New CTO Drive Analyst Confidence, But Challenges Remain In Q4
1. Analyst maintains Buy rating on MVIS with a $3.00 price target. 2. Glen DeVos appointed as new CTO to enhance product design. 3. Company raised $38 million, boosting cash balance to $81 million. 4. Q4 loss per share estimate worsened from $0.10 to $0.17. 5. Focus on backlog growth and operating income highlighted by the analyst.