Analysts fell to the sidelines weighing in on DSP Group (DSPG – Research Report) and Novanta (NOVT – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
DSP Group (DSPG)
Needham analyst Rajvindra Gill downgraded DSP Group to Hold today. The company’s shares closed last Monday at $21.99, close to its 52-week high of $22.00.
According to TipRanks.com, Gill is a top 100 analyst with an average return of
Currently, the analyst consensus on DSP Group is a Hold with an average price target of $23.00, representing a 5.2% upside. In a report released yesterday, Colliers Securities also downgraded the stock to Hold.
See today’s analyst top recommended stocks >>
Novanta (NOVT)
In a report released yesterday, Andrew Buscaglia from Berenberg Bank maintained a Hold rating on Novanta, with a price target of $129.00. The company’s shares closed last Monday at $150.80, close to its 52-week high of $153.11.
According to TipRanks.com, Buscaglia is ranked #3399 out of 7641 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Novanta with a $128.00 average price target.
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