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Analysts Have Conflicting Sentiments on These Technology Companies: Symbotic (SYM), Freightos Limited (CRGO) and Tower (TSEM)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Symbotic (SYMResearch Report), Freightos Limited (CRGOResearch Report) and Tower (TSEMResearch Report).

Symbotic (SYM)

Northland Securities analyst Michael Latimore maintained a Buy rating on Symbotic today and set a price target of $45.00. The company’s shares closed last Monday at $40.97.

According to TipRanks.com, Latimore is a 5-star analyst with an average return of 15.5% and a 48.0% success rate. Latimore covers the Technology sector, focusing on stocks such as Gorilla Technology Group Inc., Evolv Technologies Holdings, and Synchronoss Technologies.

Symbotic has an analyst consensus of Strong Buy, with a price target consensus of $39.00, representing a -16.8% downside. In a report issued on July 10, Citi also maintained a Buy rating on the stock with a $52.00 price target.

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

Freightos Limited (CRGO)

Craig-Hallum analyst George Sutton reiterated a Buy rating on Freightos Limited today and set a price target of $15.00. The company’s shares closed last Monday at $3.26, close to its 52-week low of $1.85.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 13.0% and a 51.6% success rate. Sutton covers the Technology sector, focusing on stocks such as Transact Technologies, Integral Ad Science, and Par Technology.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Freightos Limited with a $13.00 average price target.

Tower (TSEM)

Craig-Hallum analyst Richard Shannon maintained a Hold rating on Tower today. The company’s shares closed last Monday at $35.00, close to its 52-week low of $34.93.

According to TipRanks.com, Shannon is a 4-star analyst with an average return of 9.5% and a 47.5% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Everspin Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for Tower.

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