Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Meta Platforms (META – Research Report), Qualcomm (QCOM – Research Report) and PTC (PTC – Research Report).
Meta Platforms (META)
Needham analyst Laura Martin maintained a Sell rating on Meta Platforms today. The company’s shares closed last Wednesday at $169.58, close to its 52-week low of $154.25.
According to TipRanks.com, Martin is a 3-star analyst with an average return of
Currently, the analyst consensus on Meta Platforms is a Moderate Buy with an average price target of $234.81.
Charter Equity analyst Edward F. Snyder maintained a Hold rating on Qualcomm today. The company’s shares closed last Wednesday at $153.42.
According to TipRanks.com, Snyder is a 5-star analyst with an average return of
Qualcomm has an analyst consensus of Strong Buy, with a price target consensus of $195.55.
In a report released today, Blair Abernethy from Rosenblatt Securities maintained a Buy rating on PTC, with a price target of $146.00. The company’s shares closed last Wednesday at $117.34.
According to TipRanks.com, Abernethy is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PTC with a $136.60 average price target, a 21.2% upside from current levels. In a report issued on July 19, Mizuho Securities also maintained a Buy rating on the stock with a $120.00 price target.
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 META:
- Etsy (ETSY) Receives a Hold from Needham
- Analysts Offer Insights on Technology Companies: Lam Research (LRCX), Maxlinear (MXL) and SPS Commerce (SPSC)
- Gelsinger Applauds Senate for Passing the CHIPS Act on Twitter
- Overstock Announces Second Quarter 2022 Financial Results
- Millicom (Tigo) Delivers Sustained Growth Momentum in Q2