Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Square Inc (NYSE:SQ) and Sprint Corp (NYSE:S).
Square Inc (SQ)
Guggenheim analyst Jeff Cantwell reiterated a Buy rating on Square Inc on July 10 and set a price target of $73. The company’s shares closed yesterday at $66.97, close to its 52-week high of $69.40.
According to TipRanks.com, Cantwell is a 4-star analyst with an average return of 16.2% and a 81.0% success rate. Cantwell covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, American Express, and LendingClub Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Square Inc with a $66.25 average price target, which is a -1.1% downside from current levels. In a report issued on July 3, Susquehanna also maintained a Buy rating on the stock with a $74 price target.
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Sprint Corp (S)
In a report issued on July 11, Mike McCormack from Guggenheim reiterated a Hold rating on Sprint Corp, with a price target of $5.40. The company’s shares closed yesterday at $5.66.
According to TipRanks.com, McCormack is a 5-star analyst with an average return of 13.0% and a 78.1% success rate. McCormack covers the Technology sector, focusing on stocks such as Frontier Communications Corporation, GTT Communications, and AT&T Inc.
Sprint Corp has an analyst consensus of Hold, with a price target consensus of $5.73, implying a 1.2% upside from current levels. In a report issued on June 27, Barclays also initiated coverage with a Hold rating on the stock with a $6 price target.
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