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Analysts Offer Insights on Technology Companies: Core Scientific Inc (CORZ), Coherent Corp (COHR) and Ouster (OUST)

Tipranks - Wed Mar 4, 7:02AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Core Scientific Inc (CORZResearch Report), Coherent Corp (COHRResearch Report) and Ouster (OUSTResearch Report) with bullish sentiments.

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Core Scientific Inc (CORZ)

In a report released yesterday, Brett Knoblauch from Cantor Fitzgerald reiterated a Buy rating on Core Scientific Inc, with a price target of $25.00. The company’s shares closed last Monday at $16.49, close to its 52-week high of $18.63.

Knoblauch has an average return of 39.9% when recommending Core Scientific Inc. ;'>

According to TipRanks.com, Knoblauch is ranked #715 out of 12144 analysts.

Currently, the analyst consensus on Core Scientific Inc is a Strong Buy with an average price target of $26.38, implying a 59.2% upside from current levels. In a report issued on February 19, Craig-Hallum also maintained a Buy rating on the stock.

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Coherent Corp (COHR)

J.P. Morgan analyst Samik Chatterjee maintained a Buy rating on Coherent Corp yesterday. The company’s shares closed last Monday at $298.91.

According to TipRanks.com, Chatterjee is a top 25 analyst with an average return of 38.4% and a 69.0% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, Hewlett Packard Enterprise, and Keysight Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coherent Corp with a $262.50 average price target, which is a -4.5% downside from current levels. In a report issued on February 27, TipRanks – DeepSeek also upgraded the stock to Buy with a $295.00 price target.

Ouster (OUST)

Cantor Fitzgerald analyst Andres Sheppard reiterated a Buy rating on Ouster today and set a price target of $33.00. The company’s shares closed last Monday at $20.25.

According to TipRanks.com, Sheppard is a 4-star analyst with an average return of 10.2% and a 41.8% success rate. Sheppard covers the Industrial Goods sector, focusing on stocks such as PureCycle Technologies, Vertical Aerospace, and Rocket Lab USA. ;'>

Currently, the analyst consensus on Ouster is a Strong Buy with an average price target of $37.75, implying an 110.8% upside from current levels. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock.

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