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Analysts Offer Insights on Technology Companies: Qualcomm (QCOM), Recon Technology (RCON) and Palantir Technologies (PLTR)

Analysts fell to the sidelines weighing in on Qualcomm (QCOMResearch Report), Recon Technology (RCONResearch Report) and Palantir Technologies (PLTRResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Qualcomm (QCOM)

In a report released today, Christopher Rolland from Susquehanna reiterated a Hold rating on Qualcomm, with a price target of $125.00. The company’s shares closed last Wednesday at $112.50, close to its 52-week low of $104.66.

According to TipRanks.com, Rolland is a top 100 analyst with an average return of 19.3% and a 62.6% success rate. Rolland covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Raytheon Technologies, and Lattice Semiconductor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Qualcomm with a $154.84 average price target, a 30.4% upside from current levels. In a report issued on October 24, Barclays also maintained a Hold rating on the stock with a $120.00 price target.

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Recon Technology (RCON)

Maxim Group analyst Tate Sullivan maintained a Hold rating on Recon Technology yesterday. The company’s shares closed last Wednesday at $1.09.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 12.0% and a 37.8% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Seanergy Maritime, and Exro Technologies.

The the analyst consensus on Recon Technology is currently a Hold rating.

Palantir Technologies (PLTR)

In a report released today, Brian White from Monness maintained a Hold rating on Palantir Technologies. The company’s shares closed last Wednesday at $8.22, close to its 52-week low of $6.44.

According to TipRanks.com, White is a 5-star analyst with an average return of 7.6% and a 53.4% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Alphabet Class A, and Meta Platforms.

Palantir Technologies has an analyst consensus of Hold, with a price target consensus of $10.33, which is a 18.7% upside from current levels. In a report issued on October 20, Morgan Stanley also maintained a Hold rating on the stock with a $10.00 price target.

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