SiTime is trading 4.08% higher in pre-market at $463.05, likely tracking a broader semiconductor rebound.
- SOXX is up 2.74% pre-market, alongside buying ahead of AMD earnings.
- No new SiTime-specific announcement has been reported to explain the move.
- SiTime is scheduled to report third-quarter results after the market closes on November 4. On November 3, Rosenblatt raised its price target to $900 from $750 while maintaining a Buy rating.