Analysts’ Opinions Are Mixed on These Technology Stocks: Gartner (IT), Corning (GLW) and Celestica (CLS)
Analysts have been eager to weigh in on the Technology sector with new ratings on Gartner (IT), Corning (GLW) and Celestica (CLS).
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Gartner (IT)
In a report released today, Manav Patnaik from Barclays maintained a Hold rating on Gartner, with a price target of $150.00. The company’s shares closed last Friday at $154.62.
According to TipRanks.com, Patnaik is a 4-star analyst with an average return of
Gartner has an analyst consensus of Hold, with a price target consensus of $182.09, which is a 16.8% upside from current levels. In a report issued on April 5, RBC Capital also maintained a Hold rating on the stock with a $175.00 price target.
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Corning (GLW)
Bank of America Securities analyst Wamsi Mohan reiterated a Buy rating on Corning today and set a price target of $186.00. The company’s shares closed last Friday at $164.38.
According to TipRanks.com, Mohan is a top 100 analyst with an average return of
Corning has an analyst consensus of Moderate Buy, with a price target consensus of $145.33, implying a -13.6% downside from current levels. In a report issued on April 7, Mizuho Securities also maintained a Buy rating on the stock with a $160.00 price target.
Celestica (CLS)
Bank of America Securities analyst Ruplu Bhattacharya reiterated a Buy rating on Celestica today and set a price target of $430.00. The company’s shares closed last Friday at $396.01.
According to TipRanks.com, Bhattacharya is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Celestica with a $385.40 average price target, representing a -0.8% downside. In a report issued on April 15, TipRanks – xAI also upgraded the stock to Buy with a C$576.00 price target.
Read More on IT:
Disclaimer & DisclosureReport an Issue
- Gartner Faces Investor Lawsuit Over Alleged Misstatements on Contract Value Growth and Consulting Revenue
- Gartner price target lowered to $150 from $180 at Barclays
- Gartner price target lowered to $140 from $150 at Wells Fargo
- Early notable gainers among liquid option names on March 26th
- Gartner price target lowered to $166 from $180 at UBS
