Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Cepton (CPTN – Research Report) and Asure (ASUR – Research Report).
Cepton (CPTN)
In a report released today, Richard Shannon from Craig-Hallum maintained a Hold rating on Cepton. The company’s shares closed last Wednesday at $2.84, close to its 52-week low of $2.38.
According to TipRanks.com, Shannon is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Cepton with a $12.00 average price target, which is a 306.8% upside from current levels. In a report issued on December 14, Westpark Capital also downgraded the stock to Hold.
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Asure (ASUR)
Craig-Hallum analyst Jeff Van Rhee maintained a Buy rating on Asure today. The company’s shares closed last Wednesday at $8.52.
According to TipRanks.com, Rhee is a 5-star analyst with an average return of
Asure has an analyst consensus of Strong Buy, with a price target consensus of $14.43.
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Read More on CPTN:
- Cepton downgraded at Craig-Hallum after ‘devastating blow’ of GM cancellations
- Cepton price target lowered to $10 from $18 at Northland
- Cepton price target lowered to $10 from $18 at NorthlandGeneral Motors Ford
- Cepton informed by Koito that OEM decided to re-scope ADAS product offerings
- Craig-Hallum gets more bearish on Cepton, downgrades shares
