Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Infosys (INFY – Research Report), Sunny Optical Technology (Group) Co (SNPTF – Research Report) and Morphic Holding (MORF – Research Report).
Infosys (INFY)
In a report released yesterday, Keith Bachman from BMO Capital maintained a Hold rating on Infosys, with a price target of $18.00. The company’s shares closed last Thursday at $16.46.
According to TipRanks.com, Bachman is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Infosys with a $17.50 average price target, implying a 6.7% upside from current levels. In a report issued on October 4, J.P. Morgan also upgraded the stock to Hold with a $16.80 price target.
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Sunny Optical Technology (Group) Co (SNPTF)
In a report released today, Alex NG from CMB International Securities reiterated a Hold rating on Sunny Optical Technology (Group) Co, with a price target of HK$64.08. The company’s shares closed last Wednesday at $6.95, close to its 52-week low of $6.93.
According to TipRanks.com, NG is ranked #7205 out of 8568 analysts.
Sunny Optical Technology (Group) Co has an analyst consensus of Hold, with a price target consensus of $8.18.
Morphic Holding (MORF)
In a report released today, Evan Seigerman from BMO Capital assigned a Buy rating to Morphic Holding, with a price target of $52.00. The company’s shares closed last Thursday at $21.89, close to its 52-week low of $19.80.
According to TipRanks.com, Seigerman is a 4-star analyst with an average return of
Morphic Holding has an analyst consensus of Moderate Buy, with a price target consensus of $65.50.
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Read More on INFY:
- Infosys : Highest ever large and mega deal wins with TCV of $7.7 billion lay solid foundation for future
- Options Volatility and Implied Earnings Moves Today, October 12, 2023
- INFY Earnings this Week: How Will it Perform?
- Options Volatility and Implied Earnings Moves This Week, October 09 – October 13, 2023
- Infosys upgraded to Neutral from Underweight at JPMorgan
