There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Lantronix (LTRX – Research Report), Harmonic (HLIT – Research Report) and Nanalysis Scientific (NSCIF – Research Report) with bullish sentiments.
Lantronix (LTRX)
In a report released today, Christian Schwab from Craig-Hallum maintained a Buy rating on Lantronix, with a price target of $6.00. The company’s shares closed last Monday at $3.46, close to its 52-week low of $3.08.
According to TipRanks.com, Schwab is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lantronix with a $7.80 average price target, implying a 134.9% upside from current levels. In a report released today, Needham also reiterated a Buy rating on the stock with a $7.00 price target.
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Harmonic (HLIT)
Northland Securities analyst Tim Savageaux reiterated a Buy rating on Harmonic today and set a price target of $16.00. The company’s shares closed last Monday at $9.40, close to its 52-week low of $8.80.
According to TipRanks.com, Savageaux is a 5-star analyst with an average return of
Harmonic has an analyst consensus of Strong Buy, with a price target consensus of $15.50, which is a 66.0% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $14.00 price target.
Nanalysis Scientific (NSCIF)
Echelon Wealth Partners analyst Stefan Quenneville maintained a Buy rating on Nanalysis Scientific today and set a price target of C$1.20. The company’s shares closed last Monday at $0.33.
According to TipRanks.com, Quenneville is ranked #8617 out of 8800 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nanalysis Scientific with a $0.88 average price target.
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Read More on LTRX:
- Lantronix Shares Informal Financial Insights with Investors
- Lantronix to Report Fiscal 2024 Third Quarter Results on April 29, 2024
- Lantronix to Participate in the 21st Annual Craig-Hallum Institutional Investor Conference on May 29, 2024
- Lantronix (LTRX) Q3 Earnings Cheat Sheet
- Lantronix’s case study focuses on deployment of its OOB solutions
