Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Qualcomm (QCOM – Research Report), Garmin (GRMN – Research Report) and Rapid7 (RPD – Research Report).
Garmin (GRMN)
In a report released today, Noah Zatzkin from KeyBanc maintained a Hold rating on Garmin. The company’s shares closed last Wednesday at $163.42.
According to TipRanks.com, Zatzkin is a 2-star analyst with an average return of
Currently, the analyst consensus on Garmin is a Hold with an average price target of $160.20, which is a 4.5% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Hold rating on the stock with a $165.00 price target.
Rapid7 (RPD)
In a report released today, Saket Kalia from Barclays assigned a Hold rating to Rapid7, with a price target of $60.00. The company’s shares closed last Wednesday at $44.88.
According to TipRanks.com, Kalia is a 5-star analyst with an average return of
Currently, the analyst consensus on Rapid7 is a Moderate Buy with an average price target of $59.83, which is a 32.7% upside from current levels. In a report issued on April 25, Scotiabank also initiated coverage with a Hold rating on the stock with a $46.00 price target.
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Read More on QCOM:
- QCOM Earnings: Qualcomm Rises on Solid Earnings and Guidance Beats
- Options Volatility and Implied Earnings Moves Today, May 01, 2024
- Qualcomm price target raised to $190 from $170 at HSBC
- Qualcomm (NASDAQ:QCOM) Q2 Earnings Preview: Here’s What to Expect
- Options Volatility and Implied Earnings Moves This Week, April 29 – May 02, 2024
