There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Priority Technology Holdings (PRTH – Research Report) and POET Technologies (POET – Research Report) with bullish sentiments.
Priority Technology Holdings (PRTH)
In a report released today, Jacob Stephan from Lake Street reiterated a Buy rating on Priority Technology Holdings, with a price target of $13.00. The company’s shares closed last Thursday at $8.35, close to its 52-week high of $9.25.
According to TipRanks.com, Stephan is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Priority Technology Holdings with a $12.00 average price target, a 39.4% upside from current levels. In a report issued on November 7, Alliance Global Partners also maintained a Buy rating on the stock with a $12.00 price target.
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POET Technologies (POET)
In a report released today, Richard Shannon from Craig-Hallum reiterated a Buy rating on POET Technologies, with a price target of $5.50. The company’s shares closed last Thursday at $4.04.
According to TipRanks.com, Shannon is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for POET Technologies with a $5.75 average price target, implying a 44.5% upside from current levels. In a report issued on November 18, Northland Securities also initiated coverage with a Buy rating on the stock with a $6.00 price target.
Read More on PRTH:
- Priority Technology price target raised to $13 from $8 at Lake Street
- Priority Technology Holdings Reports Strong Q3 Growth
- Priority Technology price target raised to $12 from $8 at Alliance Global
- Priority Technology reports Q3 EPS 7c, consensus 1c
- Priority Technology sees FY24 revenue $875M- $883M, consensus $879.35M
