Companies in the Technology sector have received a lot of coverage today as analysts weigh in on POET Technologies (POET – Research Report), Cohu (COHU – Research Report) and SkyWater Technology (SKYT – Research Report).
POET Technologies (POET)
Craig-Hallum analyst Alex Fuhrman maintained a Buy rating on POET Technologies today and set a price target of $3.00. The company’s shares closed last Tuesday at $1.30, close to its 52-week low of $0.72.
According to TipRanks.com, Fuhrman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of <font-weight:bold;' style="box-sizing: border-box;">-4.7% and a 40.3% success rate. Fuhrman covers the NA sector, focusing on stocks such as Lindblad Expeditions Holdings, Barnes & Noble Education, and Penn National Gaming.</font-weight:bold;'>
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for POET Technologies with a $3.00 average price target.