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Analysts Offer Insights on Technology Companies: D-Wave Quantum (QBTS) and Check Point (CHKP)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on D-Wave Quantum (QBTSResearch Report) and Check Point (CHKPResearch Report).

D-Wave Quantum (QBTS)

Benchmark Co. analyst David Williams maintained a Buy rating on D-Wave Quantum today and set a price target of $4.00. The company’s shares closed last Friday at $2.41, close to its 52-week low of $0.40.

According to TipRanks.com, Williams is a 5-star analyst with an average return of 15.7% and a 59.5% success rate. Williams covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Lattice Semiconductor, and Power Integrations.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for D-Wave Quantum with a $4.00 average price target.

See today’s best-performing stocks on TipRanks >>

Check Point (CHKP)

In a report released today, Shrenik Kothari from Robert W. Baird maintained a Hold rating on Check Point, with a price target of $140.00. The company’s shares closed last Friday at $128.50.

According to TipRanks.com, Kothari is a 5-star analyst with an average return of 18.4% and a 82.1% success rate. Kothari covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software.

Check Point has an analyst consensus of Hold, with a price target consensus of $134.21, which is a 3.5% upside from current levels. In a report issued on July 17, Mizuho Securities also maintained a Hold rating on the stock with a $135.00 price target.

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