Analysts Offer Insights on Technology Companies: Kopin (KOPN), Semtech (SMTC) and Transcat (TRNS)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Kopin (KOPN – Research Report), Semtech (SMTC – Research Report) and Transcat (TRNS – Research Report) with bullish sentiments.

Kopin (KOPN)

In a report released today, Kevin Dede from H.C. Wainwright reiterated a Buy rating on Kopin, with a price target of $6.00. The company’s shares closed last Tuesday at $1.54, close to its 52-week low of $1.02.

According to TipRanks.com, Dede has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.4% and a 31.8% success rate. Dede covers the Technology sector, focusing on stocks such as HIVE Blockchain Technologies, Marathon Digital Holdings, and Voyager Digital (Canada).

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kopin with a $6.00 average price target.

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Semtech (SMTC)

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 10.7% and a 55.0% success rate. Gerra covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and GlobalFoundries Inc.

Currently, the analyst consensus on Semtech is a Strong Buy with an average price target of $79.11, implying a 36.1% upside from current levels. In a report issued on July 27, Benchmark Co. also initiated coverage with a Buy rating on the stock with a $81.00 price target.

Transcat (TRNS)

H.C. Wainwright analyst Scott Buck maintained a Buy rating on Transcat today and set a price target of $85.00. The company’s shares closed last Tuesday at $67.81.

According to TipRanks.com, Buck is ranked 0 out of 5 stars with an average return of -6.5% and a 34.5% success rate. Buck covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Lightpath Technologies, and Intellicheck Mobilisia.

Transcat has an analyst consensus of Strong Buy, with a price target consensus of $82.00.

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