Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Grab (GRAB – Research Report), Infinera (INFN – Research Report) and Cisco Systems (CSCO – Research Report).
Grab (GRAB)
In a report released today, Fawne Jiang from Benchmark Co. maintained a Buy rating on Grab, with a price target of $6.00. The company’s shares closed last Wednesday at $3.60.
According to TipRanks.com, Jiang is a 5-star analyst with an average return of
Grab has an analyst consensus of Strong Buy, with a price target consensus of $4.46, representing a 22.9% upside. In a report issued on May 3, Bernstein also maintained a Buy rating on the stock with a $4.10 price target.
See the top stocks recommended by analysts >>
Infinera (INFN)
In a report released today, Ryan Koontz from Needham reiterated a Buy rating on Infinera, with a price target of $10.00. The company’s shares closed last Wednesday at $5.35.
According to TipRanks.com, Koontz is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Infinera with a $8.38 average price target, a 49.6% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $7.00 price target.
Cisco Systems (CSCO)
In a report released today, Alex Henderson from Needham maintained a Hold rating on Cisco Systems. The company’s shares closed last Wednesday at $49.67.
According to TipRanks.com, Henderson is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Cisco Systems with a $53.56 average price target, representing an 8.9% upside. In a report issued on May 13, Exane BNP Paribas also upgraded the stock to Hold with a $50.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on GRAB:
