Brent Thill analyst at Jefferies reiterates coverage on Sonos (SONO) in the Technology sector with a Buy rating. TipRanks.com has Thill rated as a 4.7 star analyst with a 49% return on investment and a 16.7% success rate. Thill has set a price target of $50.
TipRanks.com reports that Sonos currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $48.67. The target pricing ranges from a high forecast of $50.00 down to a low forecast of $47.00. Sonos (SONO)’s last closing price was $27.82 which would put the average price target at 74.95% upside.
In addition, TradingView issued a Strong Sell rating for SONO over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on SONO.
Other analysts covering SONO include:
- Kathryn Huberty of Morgan Stanley issued a Buy rating with the price target of $49 on 1 week ago
- John Babcock of Bank of America Securities issued a Buy rating with the price target of $47 on 1 week ago
- Matthew Sheerin of Stifel Nicolaus issued a Hold rating with the price target of $40 on 10 months ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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