Wolfspeed Inc (NYSE:WOLF) stock is down 4.9% to trade at 26.38atlastcheck,afteradowngradefromWellsFargoto"equalweight"from"overweight,"andaprice−targetcutto30 from 55.Theanalystincoveragenotedweaker−than−expecteddemandforsiliconcarbidedevices,highersupplies,andthecompany′slackofprofitability.Thesecurityhasstruggledwithaceilingatthe30 level since February, while pressure from its 60-day moving average has been in place since January. While the shares manage ...