In a report released today, Joseph Spak from RBC Capital maintained a Hold rating on Cepton (CPTN – Research Report), with a price target of $2.00. The company’s shares closed yesterday at $1.83.
Spak covers the Industrial Goods sector, focusing on stocks such as Magna International, American Axle, and Autoliv. According to TipRanks, Spak has an average return of -11.9% and a 45.89% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cepton with a $5.17 average price target.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $80.16 and a one-year low of $1.01. Currently, Cepton has an average volume of 694K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Growth Capital Acquisition Corp is a blank check company.
Read More on CPTN:
- SVB Securities Sticks to Its Hold Rating for GoodRx Holdings (GDRX)
- SVB Securities Reaffirms Their Buy Rating on Mersana Therapeutics (MRSN)
- ACADIA Pharmaceuticals (ACAD) Receives a Hold from Goldman Sachs
- Raymond James Sticks to Its Buy Rating for Health Catalyst (HCAT)
- Upstart Holdings (UPST) Gets a Hold from Piper Sandler
