Jefferies Lifts Nordic Semiconductor to Hold as nRF54 Timing Concerns Ease and Orders Pick Up
Jefferies upgraded Nordic Semiconductor ASA from underperform to hold in a note dated Friday, citing reduced timing risk for the nRF54 platform and stronger near-term demand signals that have pulled orders into early 2026. The broker raised its 2026 revenue growth forecast and increased EBITDA estimates, while also lifting its price target. Managem…