Analysts have been eager to weigh in on the Technology sector with new ratings on T Mobile US (NASDAQ:TMUS) and Square Inc (NYSE:SQ).
T Mobile US (TMUS)
Cowen & Co. analyst Colby Synesael reiterated a Buy rating on T Mobile US yesterday and set a price target of $79. The company’s shares opened today at $61.11.
According to TipRanks.com, Synesael is a top 100 analyst with an average return of 17.2% and a 82.2% success rate. Synesael covers the Technology sector, focusing on stocks such as Interxion Holding NV, Zayo Group Holdings, and Crown Castle.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for T Mobile US with a $79.40 average price target, which is a 29.9% upside from current levels. In a report released today, Oppenheimer also assigned a Buy rating to the stock with a $90 price target.
.
See today’s analyst top recommended stocks >>
Square Inc (SQ)
Cowen & Co. analyst Georgios Mihalos reiterated a Hold rating on Square Inc yesterday and set a price target of $57. The company’s shares opened today at $65.25, close to its 52-week high of $73.19.
According to TipRanks.com, Mihalos is a 5-star analyst with an average return of 19.7% and a 83.3% success rate. Mihalos covers the Technology sector, focusing on stocks such as Fidelity National Info, Alliance Data Systems, and Total System Services.
Currently, the analyst consensus on Square Inc is a Moderate Buy with an average price target of $71.62, implying a 9.8% upside from current levels. In a report issued on July 19, Morgan Stanley also maintained a Hold rating on the stock with a $75 price target.
.
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.
Read More on SQ:
