There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on SkyWater Technology (SKYT – Report dated 10 November 2023) with bullish sentiments. Price Target between $12 - $13/per share.SkyWater Technology (SKYT)
Craig-Hallum analyst Eric Stine assigned a Buy rating to SkyWater Technology today and set a price target of $12.00. The company’s shares closed last Thursday at $5.64, close to its 52-week low of $4.73.
According to TipRanks.com, Stine is a 3-star analyst with an average return of 1.5% and a 29.9% success rate. Stine covers the NA sector, focusing on stocks such as Westport Fuel Systems, Orion Energy Systems, and Clean Energy Fuels.;'>
Currently, the analyst consensus on SkyWater Technology is a Strong Buy with an average price target of $11.50, a 97.3% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $13.00 price target.
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