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Maxim Group Sticks to Their Buy Rating for Cepton (CPTN)

Maxim Group analyst Matthew Galinko maintained a Buy rating on Cepton (CPTNResearch Report) yesterday and set a price target of $4.00. The company’s shares closed yesterday at $1.80.

According to TipRanks, Galinko is an analyst with an average return of -4.0% and a 34.29% success rate. Galinko covers the Technology sector, focusing on stocks such as Cepton, American Software, and Unisys.

In addition to Maxim Group, Cepton also received a Buy from Craig-Hallum’s Richard Shannon in a report issued yesterday. However, on the same day, RBC Capital maintained a Hold rating on Cepton (NASDAQ: CPTN).

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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 698.5K.

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