n a report released today, Richard Shannon from Craig-Hallum assigned a Buy rating to POET Technologies (POET – Research Report). The company’s shares closed yesterday at $2.96.
According to TipRanks, Shannon is an analyst with an average return of -0.9% and a 37.42% success rate. Shannon covers the Technology sector, focusing on stocks such as Everspin Technologies, Vicor, and Maxlinear.
POET Technologies has an analyst consensus of Moderate Buy.
(No price target on TipRanks summary on eTrade)
The company has a one-year high of $4.05 and a one-year low of $0.72. Currently, POET Technologies has an average volume of 1.08M.