Analysts Offer Insights on Technology Companies: Calix (CALX) and Immersion (IMMR)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Calix (CALX – Research Report) and Immersion (IMMR – Research Report) with bullish sentiments.

Calix (CALX)

Craig-Hallum analyst Christian Schwab maintained a Buy rating on Calix today. The company’s shares closed last Friday at $42.95.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 16.2% and a 61.4% success rate. Schwab covers the Technology sector, focusing on stocks such as NEXTracker, Inc. Class A, Advanced Micro Devices, and Axcelis Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Calix with a $52.00 average price target.

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Immersion (IMMR)

In a report released today, Alexander Nowak from Craig-Hallum maintained a Buy rating on Immersion. The company’s shares closed last Friday at $7.01.

According to TipRanks.com, Nowak is a 2-star analyst with an average return of 0.2% and a 39.8% success rate. Nowak covers the Healthcare sector, focusing on stocks such as NeuroOne Medical Technologies, InfuSystem Holdings, Inc., and Accelerate Diagnostics.

Currently, the analyst consensus on Immersion is a Moderate Buy with an average price target of $11.00.

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Read More on CALX:

• Is CALX a Buy, Before Earnings?
• Calix price target raised to $47 from $42 at JPMorgan
• Calix price target raised to $57 from $47 at Rosenblatt
• Needham comm infrastructure analyst holds analyst/industry conference call