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Analysts’ Opinions Are Mixed on These Conglomerates Stocks: Stoneridge (SRI) and SkyWater Technology (SKYT)

Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Stoneridge (SRIResearch Report) and SkyWater Technology (SKYTResearch Report).

Stoneridge (SRI)

In a report released today, Gary Prestopino from Barrington maintained a Buy rating on Stoneridge, with a price target of $45.00. The company’s shares closed last Wednesday at $27.68.

According to TipRanks.com, Prestopino is a 5-star analyst with an average return of 43.0% and a 57.1% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services, Points International, and Liquidity Services.

Stoneridge has an analyst consensus of Moderate Buy, with a price target consensus of $45.00.

See today’s analyst top recommended stocks >>

SkyWater Technology (SKYT)

In a report released today, Mark Lipacis from Jefferies downgraded SkyWater Technology to Hold, with a price target of $23.00. The company’s shares closed last Wednesday at $20.24.

According to TipRanks.com, Lipacis is a top 25 analyst with an average return of 32.7% and a 77.9% success rate. Lipacis covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Smart Global Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SkyWater Technology with a $27.25 average price target.

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