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Analysts Have Conflicting Sentiments on These Technology Companies: IPG Photonics (IPGP) and Sequans Communications S A (SQNS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on IPG Photonics (IPGPResearch Report) and Sequans Communications S A (SQNSResearch Report).

IPG Photonics (IPGP)

Needham analyst James Ricchiuti maintained a Hold rating on IPG Photonics today. The company’s shares closed last Tuesday at $102.70, close to its 52-week low of $82.68.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 17.8% and a 59.2% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Teledyne Technologies, Shapeways Holdings, and Universal Display.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IPG Photonics with a $167.00 average price target.

See today’s best-performing stocks on TipRanks >>

Sequans Communications S A (SQNS)

Needham analyst Rajvindra Gill maintained a Buy rating on Sequans Communications S A today and set a price target of $5.00. The company’s shares closed last Tuesday at $3.19.

According to TipRanks.com, Gill is a 5-star analyst with an average return of 13.4% and a 61.9% success rate. Gill covers the Technology sector, focusing on stocks such as Everspin Technologies, Smart Global Holdings, and Silicon Laboratories.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sequans Communications S A with a $7.25 average price target.

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