Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Rimini Street (RMNI – Research Report), Veeco (VECO – Research Report) and Faro Technologies (FARO – Research Report).
Rimini Street (RMNI)
Craig-Hallum analyst Jeff Van Rhee maintained a Hold rating on Rimini Street on January 19. The company’s shares closed last Monday at $3.28.
According to TipRanks.com, Rhee is a 5-star analyst with an average return of
Rimini Street has an analyst consensus of Moderate Buy, with a price target consensus of $3.88.
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Veeco (VECO)
Benchmark Co. analyst Mark Miller maintained a Buy rating on Veeco on January 17 and set a price target of $34.00. The company’s shares closed last Monday at $33.09.
According to TipRanks.com, Miller is a top 100 analyst with an average return of
Veeco has an analyst consensus of Moderate Buy, with a price target consensus of $34.33, implying a 4.9% upside from current levels. In a report issued on January 17, Northland Securities also maintained a Buy rating on the stock with a $37.00 price target.
Faro Technologies (FARO)
In a report issued on January 18, Christian Schwab from Craig-Hallum assigned a Buy rating to Faro Technologies. The company’s shares closed last Monday at $21.18.
According to TipRanks.com, Schwab is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Faro Technologies.
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