In a report released today, Eric Martinuzzi from Lake Street maintained a Hold rating on Quantum (QMCO – Research Report), with a price target of $1.00. The company’s shares closed yesterday at $0.68.
According to TipRanks, Martinuzzi is a 4-star analyst with an average return of 4.9% and a 45.62% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as Par Technology, Quantum, and Edgio.
The word on The Street in general, suggests a Hold analyst consensus rating for Quantum with a $1.00 average price target.
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The company has a one-year high of $1.49 and a one-year low of $0.24. Currently, Quantum has an average volume of 555.6K.
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Quantum (QMCO) Company Description:
Quantum Corp. engages in the manufacture of computer storage device. It provides solutions for storing and protecting information in physical, virtual and cloud environments. The company was founded by Joel N. Harrison and James M. McCoy in 1980 and is headquartered in San Jose, CA.
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