Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Iridium Communications (IRDM – Research Report) and Toast Inc (TOST – Research Report).
Iridium Communications (IRDM)
BWS Financial analyst Hamed Khorsand maintained a Buy rating on Iridium Communications today and set a price target of $75.00. The company’s shares closed last Monday at $59.55, close to its 52-week high of $60.00.
According to TipRanks.com, Khorsand is a 5-star analyst with an average return of
Currently, the analyst consensus on Iridium Communications is a Strong Buy with an average price target of $61.50, a 2.2% upside from current levels. In a report issued on January 3, William Blair also maintained a Buy rating on the stock.
See Insiders’ Hot Stocks on TipRanks >>
Toast Inc (TOST)
Goldman Sachs analyst Will Nance maintained a Hold rating on Toast Inc today and set a price target of $19.00. The company’s shares closed last Monday at $18.09.
According to TipRanks.com, Nance is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Toast Inc has an analyst consensus of Strong Buy, with a price target consensus of $26.71.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on IRDM:
- Apple’s Loss is Qualcomm’s Gain According to Analyst
- William Blair sees Iridium rallying after ‘transformational’ partnership
- Iridium to partner t with Qualcomm on satellite messaging and emergency services
- Qualcomm, Iridium to connect more phones to satellites this year, WaPo reports
- Iridium CEO sells $1.72M in common stock
