There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Comtech Telecommunications (CMTL – Research Report) and Bombardier (BDRBF – Research 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
Currently, the analyst consensus on Comtech Telecommunications is a Moderate Buy with an average price target of $13.50.
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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
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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