Analysts have been eager to weigh in on the Technology sector with new ratings on Cepton (CPTN – Research Report) and Mercury Systems (MRCY – Research Report).
Cepton (CPTN)
In a report released today, Gus Richard from Northland Securities assigned a Buy rating to Cepton, with a price target of $18.00. The company’s shares closed last Friday at $3.82, close to its 52-week low of $3.20.
According to TipRanks.com, Richard is a top 100 analyst with an average return of
Currently, the analyst consensus on Cepton is a Strong Buy with an average price target of $17.33, representing a 353.7% upside. In a report released today, Craig-Hallum also maintained a Buy rating on the stock with a $20.00 price target.
See the top stocks recommended by analysts >>
Mercury Systems (MRCY)
In a report issued on November 7, Sheila Kahyaoglu from Jefferies maintained a Hold rating on Mercury Systems, with a price target of $40.00. The company’s shares closed last Friday at $31.83, close to its 52-week low of $28.90.
According to TipRanks.com, Kahyaoglu is a 4-star analyst with an average return of
Currently, the analyst consensus on Mercury Systems is a Hold with an average price target of $37.00, a 16.0% upside from current levels. In a report issued on November 7, RBC Capital also maintained a Hold rating on the stock with a $35.00 price target.
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.
Read More on CPTN:
