tiprankstipranks
Blurbs

Analysts’ Top Technology Picks: Smart Global Holdings (SGH), Kopin (KOPN)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Smart Global Holdings (SGHResearch Report), Kopin (KOPNResearch Report) and Coherent Corp (COHRResearch Report) with bullish sentiments.

Smart Global Holdings (SGH)

In a report released today, Brian Chin from Stifel Nicolaus maintained a Buy rating on Smart Global Holdings, with a price target of $27.50. The company’s shares closed last Tuesday at $19.31.

According to TipRanks.com, Chin is a 5-star analyst with an average return of 29.5% and a 69.6% success rate. Chin covers the Technology sector, focusing on stocks such as Applied Materials, Onto Innovation, and Ichor Holdings.

Smart Global Holdings has an analyst consensus of Strong Buy, with a price target consensus of $28.38, representing a 48.8% upside. In a report issued on May 7, Needham also maintained a Buy rating on the stock with a $27.00 price target.

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

Kopin (KOPN)

Stifel Nicolaus analyst Matthew Sheerin maintained a Buy rating on Kopin today and set a price target of $3.00. The company’s shares closed last Tuesday at $0.83, close to its 52-week low of $0.67.

According to TipRanks.com, Sheerin is a 5-star analyst with an average return of 15.9% and a 72.2% success rate. Sheerin covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Vishay Intertechnology, and TD SYNNEX Corporation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kopin with a $3.00 average price target, which is a 257.1% upside from current levels. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $3.00 price target.

Coherent Corp (COHR)

Stifel Nicolaus analyst Ruben Roy maintained a Buy rating on Coherent Corp today and set a price target of $68.00. The company’s shares closed last Tuesday at $56.65.

According to TipRanks.com, Roy is a 5-star analyst with an average return of 16.8% and a 64.8% success rate. Roy covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Skyworks Solutions.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coherent Corp with a $65.30 average price target, which is a 19.8% upside from current levels. In a report issued on May 8, Craig-Hallum also maintained a Buy rating on the stock with a $72.00 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 SGH:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles