Analysts’ Opinions Are Mixed on These Technology Stocks: POET Technologies (POET), Cohu (COHU) and SkyWater Technology (SKYT)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on POET Technologies (POET – Research Report), Cohu (COHU – Research Report) and SkyWater Technology (SKYT – Research Report).

POET Technologies (POET)

Craig-Hallum analyst Alex Fuhrman maintained a Buy rating on POET Technologies today and set a price target of $3.00. The company’s shares closed last Tuesday at $1.30, close to its 52-week low of $0.72.

According to TipRanks.com, Fuhrman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.7% and a 40.3% success rate. Fuhrman covers the NA sector, focusing on stocks such as Lindblad Expeditions Holdings, Barnes & Noble Education, and Penn National Gaming.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for POET Technologies with a $3.00 average price target.

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Cohu (COHU)

Craig-Hallum analyst Christian Schwab maintained a Hold rating on Cohu today and set a price target of $35.00. The company’s shares closed last Tuesday at $32.92.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 16.5% and a 60.7% 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 Cohu with a $36.83 average price target.

SkyWater Technology (SKYT)

Craig-Hallum analyst Greg Palm maintained a Buy rating on SkyWater Technology today. The company’s shares closed last Tuesday at $9.02.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 10.5% and a 53.3% success rate. Palm covers the Technology sector, focusing on stocks such as Sportradar Group AG, Markforged Holding, and Faro Technologies.

Currently, the analyst consensus on SkyWater Technology is a Strong Buy with an average price target of $11.33.

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Read More on POET:

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• POET Technologies Announces Non-Brokered Private Placement