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Analysts Offer Insights on Technology Companies: II-VI (IIVI), Biotricity (BTCY) and Otonomo Technologies (OTMO)

Analysts have been eager to weigh in on the Technology sector with new ratings on II-VI (IIVIResearch Report), Biotricity (BTCYResearch Report) and Otonomo Technologies (OTMOResearch Report).

II-VI (IIVI)

In a report released today, Edward F. Snyder from Charter Equity maintained a Hold rating on II-VI. The company’s shares closed last Wednesday at $53.34.

According to TipRanks.com, Snyder is a 5-star analyst with an average return of 20.2% and a 58.0% success rate. Snyder covers the Technology sector, focusing on stocks such as Telefonaktiebolaget LM Ericsson, Skyworks Solutions, and Texas Instruments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for II-VI with a $70.22 average price target, which is a 30.8% upside from current levels. In a report issued on August 12, Morgan Stanley also downgraded the stock to Hold with a $59.00 price target.

See the top stocks recommended by analysts >>

Biotricity (BTCY)

In a report released yesterday, Allen Klee from Maxim Group maintained a Hold rating on Biotricity. The company’s shares closed last Wednesday at $1.14, close to its 52-week low of $0.95.

According to TipRanks.com, Klee has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -23.4% and a 20.7% success rate. Klee covers the Technology sector, focusing on stocks such as Iveda Solutions, CareCloud, Inc., and Mitek Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Biotricity with a $3.00 average price target.

Otonomo Technologies (OTMO)

In a report released today, Ryan Koontz from Needham reiterated a Buy rating on Otonomo Technologies, with a price target of $2.00. The company’s shares closed last Wednesday at $0.70, close to its 52-week low of $0.57.

According to TipRanks.com, Koontz is a 4-star analyst with an average return of 7.1% and a 55.8% success rate. Koontz covers the Technology sector, focusing on stocks such as Zoom Video Communications, Planet Labs PBC, and KVH Industries.

Currently, the analyst consensus on Otonomo Technologies is a Moderate Buy with an average price target of $1.75.

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