Analysts have been eager to weigh in on the Technology sector with new ratings on QuantumScape (QS – Research Report), Spotify Technology SA (SPOT – Research Report) and Intel (INTC – Research Report).
QuantumScape (QS)
Robert W. Baird analyst Ben Kallo reiterated a Hold rating on QuantumScape on October 25 and set a price target of $5.00. The company’s shares closed last Thursday at $5.22, close to its 52-week low of $5.11.
According to TipRanks.com, Kallo is a 3-star analyst with an average return of
Currently, the analyst consensus on QuantumScape is a Hold with an average price target of $7.20, which is a 30.9% upside from current levels. In a report issued on October 24, Truist Financial also maintained a Hold rating on the stock with a $7.00 price target.
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Spotify Technology SA (SPOT)
Robert W. Baird analyst Vikram Kesavabhotla maintained a Buy rating on Spotify Technology SA on October 24 and set a price target of $175.00. The company’s shares closed last Thursday at $158.38.
According to TipRanks.com, Kesavabhotla is ranked 0 out of 5 stars with an average return of
Spotify Technology SA has an analyst consensus of Moderate Buy, with a price target consensus of $188.22, which is a 15.6% upside from current levels. In a report issued on October 11, Morgan Stanley also maintained a Buy rating on the stock with a $190.00 price target.
Intel (INTC)
Intel received a Hold rating and a $33.00 price target from HSBC analyst Frank Lee CFA today. The company’s shares closed last Thursday at $32.52.
According to TipRanks.com, CFA is a 1-star analyst with an average return of
Intel has an analyst consensus of Hold, with a price target consensus of $37.10, a 12.8% upside from current levels. In a report issued on October 12, Deutsche Bank also maintained a Hold rating on the stock with a $38.00 price target.
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