Analysts have been eager to weigh in on the Technology sector with new ratings on Iqiyi (IQ – Research Report) and Comtech Telecommunications (CMTL – Research Report).
Iqiyi (IQ)
In a report released today, Rebecca Xu from Morgan Stanley maintained a Hold rating on Iqiyi, with a price target of $6.80. The company’s shares closed last Thursday at $5.70.
Currently, the analyst consensus on Iqiyi is a Moderate Buy with an average price target of $8.20.
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Comtech Telecommunications (CMTL)
In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on Comtech Telecommunications, with a price target of $20.00. The company’s shares closed last Thursday at $9.05, close to its 52-week low of $8.31.
According to TipRanks.com, Gomes is a 3-star analyst with an average return of
Currently, the analyst consensus on Comtech Telecommunications is a Moderate Buy with an average price target of $14.00.
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