Analysts have been eager to weigh in on the Technology sector with new ratings on Clearfield (CLFD – Research Report) and Cognizant (CTSH – Research Report).
Clearfield (CLFD)
In a report released today, Ryan Koontz from Needham maintained a Buy rating on Clearfield, with a price target of $110.00. The company’s shares closed last Thursday at $70.72.
According to TipRanks.com, Koontz is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Clearfield with a $123.60 average price target, representing a 71.5% upside. In a report issued on January 23, Roth Capital also maintained a Buy rating on the stock with a $120.00 price target.
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Cognizant (CTSH)
Needham analyst Mayank Tandon maintained a Hold rating on Cognizant today. The company’s shares closed last Thursday at $70.66.
According to TipRanks.com, Tandon is a 5-star analyst with an average return of
Currently, the analyst consensus on Cognizant is a Moderate Sell with an average price target of $60.09, which is a -13.5% downside from current levels. In a report released today, Robert W. Baird also downgraded the stock to Hold with a $68.00 price target.
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Read More on CLFD:
- Clearfield Reports Fiscal First Quarter 2023 Results
- Clearfield reaches milestone of over 50M ports in-market
- Clearfield initiated with a Buy at Roth Capital
- TipRanks ‘Perfect 10’ List: These 2 Stocks Could Blast Higher by 60% (or More)
- Clearfield Sets Fiscal First Quarter 2023 Earnings Call for Thursday, February 2, 2023 at 5:00 p.m. ET
