Analysts have been eager to weigh in on the Technology sector with new ratings on QuantumScape (QS – Research Report) and Roku (ROKU – Research Report).
QuantumScape (QS)
In a report issued on November 1, Mark Delaney from Goldman Sachs maintained a Sell rating on QuantumScape, with a price target of $4.50. The company’s shares closed last Friday at $6.09, close to its 52-week low of $4.99.
According to TipRanks.com, Delaney is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for QuantumScape with a $6.70 average price target.
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Roku (ROKU)
Robert W. Baird analyst Vikram Kesavabhotla maintained a Hold rating on Roku on November 1 and set a price target of $85.00. The company’s shares closed last Friday at $84.75.
According to TipRanks.com, Kesavabhotla ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on Roku is a Moderate Buy with an average price target of $85.05, which is a 7.0% upside from current levels. In a report issued on October 31, MoffettNathanson also upgraded the stock to Hold with a $55.00 price target.
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Read More on QS:
- QuantumScape price target lowered to $6 from $7 at Truist
- Quantumscape call volume above normal and directionally bullish
- Options Volatility and Implied Earnings Moves Today, October 25, 2023
- QuantumScape price target lowered to $7 from $10 at Truist
- QuantumScape initiated with an Outperform at Evercore ISI
