Craig-Hallum analyst Richard Shannon maintained a Buy rating on Cepton (CPTN – Research Report) today. The company’s shares opened today at $0.85.
Shannon covers the Technology sector, focusing on stocks such as Ambarella, Everspin Technologies, and Ouster. According to TipRanks, Shannon has an average return of 7.9% and a 46.30% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cepton with a $2.47 average price target.
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The company has a one-year high of $2.76 and a one-year low of $0.32. Currently, Cepton has an average volume of 592.2K.
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