Analysts have been eager to weigh in on the NA sector with new ratings on Purple Innovation (PRPL – Research Report) and Cantaloupe (CTLP – Research Report).
Purple Innovation (PRPL)
Roth MKM analyst Matt Koranda maintained a Hold rating on Purple Innovation today and set a price target of $1.00. The company’s shares closed last Friday at $0.58.
According to TipRanks.com, Koranda is ranked #6981 out of 8643 analysts.
Currently, the analyst consensus on Purple Innovation is a Moderate Buy with an average price target of $3.40, implying a 392.8% upside from current levels. In a report released today, Craig-Hallum also assigned a Hold rating to the stock with a $1.00 price target.
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Cantaloupe (CTLP)
B.Riley Financial analyst Josh Nichols reiterated a Buy rating on Cantaloupe today and set a price target of $10.50. The company’s shares closed last Friday at $6.20.
According to TipRanks.com, Nichols is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cantaloupe with a $10.50 average price target, a 70.2% upside from current levels. In a report released today, Craig-Hallum also reiterated a Buy rating on the stock with a $13.00 price target.
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