Analysts Conflicted on These Technology Names: Wolfspeed Inc (WOLF) and IonQ (IONQ)
Analysts have been eager to weigh in on the Technology sector with new ratings on Wolfspeed Inc (WOLF – Research Report) and IonQ (IONQ – Research Report).
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Wolfspeed Inc (WOLF)
Susquehanna analyst Christopher Rolland reiterated a Hold rating on Wolfspeed Inc today and set a price target of $15.00. The company’s shares closed last Thursday at $15.40.
According to TipRanks.com, Rolland is a 5-star analyst with an average return of
Currently, the analyst consensus on Wolfspeed Inc is a Moderate Buy with an average price target of $17.50, a 28.7% upside from current levels. In a report released today, TipRanks – Anthropic also upgraded the stock to Hold with a $16.50 price target.
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IonQ (IONQ)
In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on IonQ. The company’s shares closed last Thursday at $32.03.
According to TipRanks.com, Shannon is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for IonQ with a $78.00 average price target, implying a 130.0% upside from current levels. In a report issued on January 31, TipRanks – Google also upgraded the stock to Buy with a $48.00 price target.
