Analysts fell to the sidelines weighing in on ACM Research (ACMR – Research Report) and BlackBerry (BB – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
ACM Research (ACMR)
Goldman Sachs analyst Allen Chang maintained a Hold rating on ACM Research yesterday. The company’s shares closed last Wednesday at $21.15, close to its 52-week high of $21.23.
According to TipRanks.com, Chang is ranked #7172 out of 8658 analysts.
Currently, the analyst consensus on ACM Research is a Strong Buy with an average price target of $28.00.
See Insiders’ Hot Stocks on TipRanks >>
BlackBerry (BB)
In a report released today, Paul Treiber from RBC Capital maintained a Hold rating on BlackBerry, with a price target of $4.00. The company’s shares closed last Wednesday at $3.45, close to its 52-week low of $3.19.
According to TipRanks.com, Treiber is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for BlackBerry with a $4.50 average price target.
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Read More on ACMR:
- 3 Best Stocks to Buy Now, 1/11/2024, According to Top Analysts
- ACM Research price target raised to $24 from $18 at Needham
- ACM Research Updates 2023 Revenue Outlook and Provides Initial Outlook for 2024 Revenue
- ACM Research sees FY24 revenue $650M-$725M, consensus $669.33M
- ACM Research raises FY23 revenue view to $530M-$545M from $520M-$540M
