Analysts fell to the sidelines weighing in on CommScope Holding (COMM), Skyworks Solutions (SWKS) and Garmin Ltd (GRMN) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
CommScope Holding (COMM)
Morgan Stanley analyst Meta Marshall maintained a Hold rating on CommScope Holding today and set a price target of $21. The company’s shares closed on Friday at $17.44, close to its 52-week low of $15.09.
According to TipRanks.com, Marshall is a 2-star analyst with an average return of -0.1% and a 62.5% success rate. Marshall covers the Consumer Goods sector, focusing on stocks such as Lumentum Holdings, Finisar Corp, and II-VI Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CommScope Holding with a $24.58 average price target.
See today’s analyst top recommended stocks >>
Skyworks Solutions (SWKS)
In a report released today, Craig Hettenbach from Morgan Stanley maintained a Hold rating on Skyworks Solutions, with a price target of $71. The company’s shares closed on Friday at $63.63, close to its 52-week low of $60.12.
According to TipRanks.com, Hettenbach is a 5-star analyst with an average return of 20.6% and a 68.5% success rate. Hettenbach covers the Consumer Goods sector, focusing on stocks such as Maxim Integrated, Cypress Semicon, and Microchip.
Skyworks Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $90.50, representing a 42.2% upside. In a report issued on January 4, Nomura also downgraded the stock to Hold with a $70 price target.
.
Garmin Ltd (GRMN)
Morgan Stanley analyst Yuuji Anderson maintained a Hold rating on Garmin Ltd today and set a price target of $70. The company’s shares closed on Friday at $63.72.
According to TipRanks.com, Anderson is a 3-star analyst with an average return of 2.6% and a 70.0% success rate. Anderson covers the Consumer Goods sector, focusing on stocks such as Axon Enterprise Inc, Fitbit, and GoPro.
Currently, the analyst consensus on Garmin Ltd is a Hold with an average price target of $70.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
