In a report released today, Chris Caso from Raymond James maintained a Buy rating on Aquantia Corp (NYSE: AQ), with a price target of $15. The company’s shares opened today at $9.55.
According to TipRanks.com, Caso is a 4-star analyst with an average return of 4.9% and a 47.8% success rate. Caso covers the Consumer Goods sector, focusing on stocks such as Monolithic Power, Microchip, and ON Semi.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aquantia Corp with a $16.13 average price target, implying a 68.9% upside from current levels. In a report issued on October 15, BWS Financial also initiated coverage with a Buy rating on the stock with a $21 price target.
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The company has a one-year high of $18.49 and a one-year low of $7.08. Currently, Aquantia Corp has an average volume of 227.4K.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock.
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Aquantia Corp. engages in design, development and marketing of communications integrated circuits, or ICs, for ethernet connectivity in the data center, enterprise infrastructure and access markets. Its products include corporate data center, client connectivity and enterprise infrastructure.
