Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Alkami Technology (ALKT – Research Report), Silicon Motion (SIMO – Research Report) and Cepton (CPTN – Research Report).
Alkami Technology (ALKT)
In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Alkami Technology. The company’s shares closed last Friday at $23.07, close to its 52-week high of $24.80.
According to TipRanks.com, Rhee is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alkami Technology with a $26.43 average price target, implying a 15.0% upside from current levels. In a report issued on January 5, Needham also maintained a Buy rating on the stock with a $30.00 price target.
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Silicon Motion (SIMO)
Craig-Hallum analyst Anthony Stoss maintained a Buy rating on Silicon Motion today. The company’s shares closed last Friday at $65.00.
According to TipRanks.com, Stoss is a 5-star analyst with an average return of
Currently, the analyst consensus on Silicon Motion is a Strong Buy with an average price target of $74.20, representing a 15.1% upside. In a report issued on January 4, J.P. Morgan also upgraded the stock to Buy with a $77.00 price target.
Cepton (CPTN)
Craig-Hallum analyst Richard Shannon maintained a Hold rating on Cepton today. The company’s shares closed last Friday at $2.98, close to its 52-week low of $2.38.
According to TipRanks.com, Shannon is a 3-star analyst with an average return of
Cepton has an analyst consensus of Hold, with a price target consensus of $12.00.
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