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