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Analysts Offer Insights on Technology Companies: POET Technologies (POET) and Teradata (TDC)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on POET Technologies (POETResearch Report) and Teradata (TDCResearch Report) with bullish sentiments.

POET Technologies (POET)

In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on POET Technologies, with a price target of $7.50. The company’s shares closed last Thursday at $3.87.

According to TipRanks.com, Shannon is a 3-star analyst with an average return of 2.4% and a 40.8% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Everspin Technologies.

POET Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $7.50.

See the top stocks recommended by analysts >>

Teradata (TDC)

In a report released today, Chad Bennett from Craig-Hallum maintained a Buy rating on Teradata, with a price target of $66.00. The company’s shares closed last Thursday at $46.27.

According to TipRanks.com, Bennett is a 4-star analyst with an average return of 3.6% and a 51.4% success rate. Bennett covers the Technology sector, focusing on stocks such as Evolv Technologies Holdings, E2open Parent Holdings, and Quotient Technology.

Currently, the analyst consensus on Teradata is a Moderate Buy with an average price target of $63.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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