Analysts’ Top Technology Picks: HQCL, XPLR

By Jason Carr

Analysts fell to the sidelines weighing in on Hanwha Q Cells (NASDAQ: HQCL) and Xplore Technologies (NASDAQ: XPLR) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Hanwha Q Cells (NASDAQ: HQCL)

Roth Capital analyst Philip Shen reiterated a Hold rating on Hanwha Q Cells (NASDAQ: HQCL) on May 26 and set a price target of $7. The company’s shares opened today at $7, close to its 52-week low of $6.09.

According to TipRanks.com, Shen is ranked 0 out of 5 stars with an average return of -15.4% and a 27.1% success rate. Shen covers the Technology sector, focusing on stocks such as SolarEdge Technologies, Maxwell Technologies, and Orion Energy Systems.

Hanwha Q Cells has an analyst consensus of Hold, with a price target consensus of $7.

Xplore Technologies (NASDAQ: XPLR)

In a report released today, William Gibson from Roth Capital reiterated a Hold rating on Xplore Technologies (NASDAQ: XPLR), with a price target of $2.40. The company’s shares opened today at $1.90, close to its 52-week low of $1.72.

Gibson commented:

“We estimate the company loses $1.1 million or ($0.10) per share on a 13% decline in y/y revenue to $18 million from $20.6 million. We expect Xplore to issue FY18 guidance on its conference call.”

According to TipRanks.com, Gibson is ranked 0 out of 5 stars with an average return of -9.5% and a 43.9% success rate. Gibson covers the Services sector, focusing on stocks such as Marathon Patent Group, PC Connection, and NTN Buzztime.

Xplore Technologies has an analyst consensus of Hold, with a price target consensus of $2.40.

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