Wall Street Analysts Are Neutral on Top Technology Picks
Analysts fell to the sidelines weighing in on Qualcomm (QCOM) and Paycom (PAYC) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Qualcomm (QCOM)
Mizuho Securities analyst Vijay Rakesh maintained a Hold rating on Qualcomm today. The company’s shares closed last Monday at $136.41.
According to TipRanks.com, Rakesh is a top 25 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Qualcomm with a $153.69 average price target, which is a 15.5% upside from current levels. In a report issued on April 16, J.P. Morgan also downgraded the stock to Hold with a $140.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Paycom (PAYC)
Barclays analyst Raimo Lenschow maintained a Hold rating on Paycom today and set a price target of $150.00. The company’s shares closed last Monday at $126.85.
According to TipRanks.com, Lenschow ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on Paycom is a Moderate Buy with an average price target of $150.57, implying a 21.8% upside from current levels. In a report issued on April 8, Citi also reiterated a Hold rating on the stock with a $120.00 price target.
Read More on QCOM:
Disclaimer & DisclosureReport an Issue
- White-Collar Workers Have Been Hit Hard by Layoffs – And Things May Get Even Worse
- Qualcomm urges shareholders to reject ‘mini-tender’ offer by Tutanota
- AMD or Qualcomm? Wolfe Research Picks a Clear Winner Between These Two Chip Stocks
- This Tech Giant Just Raised Its Dividend. It’s Not Who You Think
- Tiger Global-backed Upscale AI Targets $200M in Fresh Funding at a $2B Valuation
