Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Iridium Communications (IRDM), Insight Enterprises (NSIT) and Lumen Technologies (LUMN).
Iridium Communications (IRDM)
Raymond James analyst Ric Prentiss assigned a Hold rating to Iridium Communications today. The company’s shares closed last Thursday at $46.11.
According to TipRanks.com, Prentiss is a 3-star analyst with an average return of 2.8% and a 65.1% success rate. Prentiss covers the Technology sector, focusing on stocks such as Shenandoah Telecommunications Co, Telephone & Data Systems, and ATN International.
The word on The Street in general, suggests a Hold analyst consensus rating for Iridium Communications with a $36.50 average price target.
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Insight Enterprises (NSIT)
In a report released today, Adam Tindle from Raymond James maintained a Hold rating on Insight Enterprises. The company’s shares closed last Thursday at $85.95.
According to TipRanks.com, Tindle is a 3-star analyst with an average return of 5.7% and a 52.6% success rate. Tindle covers the Technology sector, focusing on stocks such as Ping Identity Holding, Palo Alto Networks, and Motorola Solutions.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Insight Enterprises with a $87.25 average price target.
Lumen Technologies (LUMN)
In a report released today, Frank Louthan from Raymond James maintained a Sell rating on Lumen Technologies. The company’s shares closed last Thursday at $11.50.
According to TipRanks.com, Louthan is a 3-star analyst with an average return of 3.1% and a 58.7% success rate. Louthan covers the Technology sector, focusing on stocks such as GTT Communications, GDS Holdings, and Verizon.
Lumen Technologies has an analyst consensus of Hold, with a price target consensus of $12.37, a 3.0% upside from current levels. In a report issued on January 28, Morgan Stanley also downgraded the stock to Sell with a $12.10 price target.
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