Companies in the Technology sector have received a lot of coverage today as analysts weigh in on MSCI (MSCI) and Sequans Communications S A (SQNS).
MSCI (MSCI)
In a report released today, Patrick O’Shaughnessy from Raymond James maintained a Hold rating on MSCI. The company’s shares closed last Tuesday at $487.61, close to its 52-week high of $490.19.
According to TipRanks.com, O’Shaughnessy is a 5-star analyst with an average return of 11.8% and a 70.3% success rate. O’Shaughnessy covers the Financial sector, focusing on stocks such as AssetMark Financial Holdings, Intercontinental Exchange, and Focus Financial Partners.
Currently, the analyst consensus on MSCI is a Moderate Buy with an average price target of $469.75.
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Sequans Communications S A (SQNS)
Needham analyst Rajvindra Gill maintained a Buy rating on Sequans Communications S A today and set a price target of $11.00. The company’s shares closed last Tuesday at $5.73.
According to TipRanks.com, Gill is a 5-star analyst with an average return of 18.2% and a 67.4% success rate. Gill covers the Technology sector, focusing on stocks such as Everspin Technologies, Smart Global Holdings, and Silicon Laboratories.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sequans Communications S A with a $11.00 average price target, a 97.8% upside from current levels. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a $11.00 price target.
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