Analysts Conflicted on These Technology Names: Wolfspeed Inc (WOLF) and Ibotta, Inc. Class A (IBTA)
Analysts have been eager to weigh in on the Technology sector with new ratings on Wolfspeed Inc (WOLF) and Ibotta, Inc. Class A (IBTA).
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Wolfspeed Inc (WOLF)
In a report released yesterday, Christopher Rolland from Susquehanna reiterated a Hold rating on Wolfspeed Inc, with a price target of $40.00. The company’s shares closed last Thursday at $45.41.
According to TipRanks.com, Rolland is a top 100 analyst with an average return of
Currently, the analyst consensus on Wolfspeed Inc is a Hold with an average price target of $40.00, a -7.2% downside from current levels. In a report issued on April 25, TipRanks – Anthropic also upgraded the stock to Hold with a $31.00 price target.
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Ibotta, Inc. Class A (IBTA)
Bank of America Securities analyst Nitin Bansal maintained a Sell rating on Ibotta, Inc. Class A today. The company’s shares closed last Thursday at $37.78, close to its 52-week low of $31.40.
According to TipRanks.com, Bansal is ranked #8946 out of 12228 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Ibotta, Inc. Class A with a $42.50 average price target.
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