3 days Ago By Defense World Staff
POET Technologies ( NASDAQ:POET – Get Free Report ) was upgraded by equities research analysts at Northland Capmk to a “strong-buy” rating in a research note issued on Monday, Zacks.com reports. A number of other equities analysts also recently commented on POET.
Northland Securities initiated coverage on POET Technologies in a research report on Monday. They set an “outperform” rating and a $6.00 price objective on the stock.
Craig Hallum increased their price objective on shares of POET Technologies from $3.00 to $3.50 and gave the stock a “buy” rating in a research report on Thursday, September 12th.
Check Out Our Latest Stock Analysis on POET POET Technologies Trading Up 11.5 % Institutional Investors Weigh In On POET Technologies Several hedge funds have recently made changes to their positions in the business. Toronto Dominion Bank purchased a new position in shares of POET Technologies in the third quarter valued at $54,000.
Quadrature Capital Ltd purchased a new position in shares of POET Technologies during the 3rd quarter worth about $112,000. Centiva Capital LP purchased a new position in POET Technologies during the third quarter worth approximately $134,000. XTX Topco Ltd acquired a new position in POET Technologies in the third quarter valued at $178,000.
Finally, SevenBridge Financial Group LLC increased its position in POET Technologies by 92.8% during the 3rd quarter. SevenBridge Financial Group LLC now owns 118,709 shares of the company’s stock worth $527,000 after purchasing an additional 57,125 shares in the last quarter.
Institutional investors and hedge funds own 1.99% of the company’s stock. POET Technologies Company Profile ( Get Free Report ) POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China.
It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques. Further Reading Five stocks we like better than POET Technologies 3 Grocery Stocks That Can Help Take a Bite Out of Inflation Super Micro Computer Soars 28%: Is It Really Out of the Woods? 2 Rising CRM Platform Stocks That Can Surge Higher in 2025 Traders Are Flocking Back to Oil: What’s Fueling the Optimism What Are Trending Stocks? Trending Stocks Explained 3 Hot Stock Trends to Ride Into 2025 Receive News & Ratings for POET Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POET Technologies and related companies with MarketBeat.com's FREE daily email newsletter .
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