Analysts have been eager to weigh in on the Technology sector with new ratings on Desktop Metal (DM – Research Report) and Nokia (NOK – Research Report).
Desktop Metal (DM)
In a report released today, Jacob Stephan from Lake Street maintained a Hold rating on Desktop Metal, with a price target of $0.85. The company’s shares closed last Tuesday at $0.73, close to its 52-week low of $0.57.
According to TipRanks.com, Stephan is a 3-star analyst with an average return of
Currently, the analyst consensus on Desktop Metal is a Hold with an average price target of $0.93.
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Nokia (NOK)
In a report released today, Tim Savageaux from Northland Securities maintained a Buy rating on Nokia, with a price target of $6.00. The company’s shares closed last Tuesday at $3.36.
According to TipRanks.com, Savageaux is a 5-star analyst with an average return of
Nokia has an analyst consensus of Hold, with a price target consensus of $4.19, a 23.8% upside from current levels. In a report released yesterday, Craig-Hallum also assigned a Buy rating to the stock.
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