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Analysts Offer Insights on Technology Companies: Comtech Telecommunications (CMTL) and Bombardier (OtherBDRBF)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Comtech Telecommunications (CMTLResearch Report) and Bombardier (BDRBFResearch Report) with bullish sentiments.

Comtech Telecommunications (CMTL)

Noble Financial analyst Joe Gomes maintained a Buy rating on Comtech Telecommunications on October 20 and set a price target of $15.00. The company’s shares closed last Tuesday at $9.59, close to its 52-week low of $8.42.

According to TipRanks.com, Gomes is a 3-star analyst with an average return of 2.1% and a 37.4% success rate. Gomes covers the Services sector, focusing on stocks such as Information Services Group, RCI Hospitality Holdings, and Kelly Services.

Currently, the analyst consensus on Comtech Telecommunications is a Moderate Buy with an average price target of $13.50.

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

Bombardier (BDRBF)

BMO Capital analyst Fadi Chamoun reiterated a Buy rating on Bombardier on October 20 and set a price target of C$63.00. The company’s shares closed last Tuesday at $27.09.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 14.2% and a 68.9% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as TFI International, Norfolk Southern, and United Parcel.

Currently, the analyst consensus on Bombardier is a Moderate Buy with an average price target of $35.32, representing a 33.3% upside. In a report issued on October 11, Scotiabank also maintained a Buy rating on the stock with a C$50.00 price target.

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