Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Rocket Lab USA (RKLB – Research Report), TD SYNNEX Corporation (SNX – Research Report) and Arqit Quantum (ARQQ – Research Report).
Rocket Lab USA (RKLB)
In a report released today, Cai von Rumohr from TD Cowen reiterated a Buy rating on Rocket Lab USA, with a price target of $8.00. The company’s shares closed last Tuesday at $4.24, close to its 52-week low of $3.48.
According to TipRanks.com, Rumohr is a 5-star analyst with an average return of
Rocket Lab USA has an analyst consensus of Moderate Buy, with a price target consensus of $8.79, which is a 102.5% upside from current levels. In a report issued on September 20, Bank of America Securities also maintained a Buy rating on the stock with a $14.00 price target.
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TD SYNNEX Corporation (SNX)
In a report released yesterday, Ashish Sabadra from RBC Capital maintained a Hold rating on TD SYNNEX Corporation, with a price target of $97.00. The company’s shares closed last Tuesday at $96.56.
According to TipRanks.com, Sabadra is a 3-star analyst with an average return of
Currently, the analyst consensus on TD SYNNEX Corporation is a Moderate Buy with an average price target of $109.25, an 11.6% upside from current levels. In a report released today, Barclays also maintained a Hold rating on the stock with a $99.00 price target.
Arqit Quantum (ARQQ)
In a report released today, Scott Buck from H.C. Wainwright reiterated a Buy rating on Arqit Quantum, with a price target of $4.00. The company’s shares closed last Tuesday at $0.50, close to its 52-week low of $0.48.
According to TipRanks.com, Buck has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on Arqit Quantum is a Moderate Buy with an average price target of $4.00.
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Read More on RKLB:
- Why Did Rocket Lab (NASDAQ:RKLB) Cut its Q3 Revenue Projection?
- Rocket Lab price target lowered to $5 from $6.75 at Wells Fargo
- Rocket Lab price target lowered to $5.75 from $7.40 at Citi
- Resilient Potential: Analyst Maintains Buy Rating on Rocket Lab USA Despite Launch Failure
- Rocket Lab (NASDAQ:RKLB) Plummets after Rocket Launch Failure
