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Analysts Offer Insights on Technology Companies: iCAD (NASDAQ: ICAD) and BlackBerry (NYSE: BB)

iCAD (ICAD) Oppenheimer analyst Francois Brisebois assigned a Buy rating to iCAD today and set a price target of $28.00. The company’s shares closed last Wednesday at $17.73. According to TipRanks.com, Brisebois is a 3-star analyst with an average return of 10.2% and a 45.2% success rate. Brisebois covers the Healthcare sector, focusing on stocks such as Avadel Pharmaceuticals, Diamedica Therapeutics, and Kala Pharmaceuticals. The word on The Street in general, suggests a Strong Buy analyst consensus rating for iCAD with a $23.43 average price target, representing a 29.3% upside. In a report issued on April 22, Guggenheim also initiated coverage with a Buy rating on the stock with a $24.00 price target.

Analysts Offer Insights on Technology Companies: Qualcomm (NASDAQ: QCOM) and Qorvo (NASDAQ: QRVO)

Markets Qualcomm (QCOM) Canaccord Genuity analyst Michael Walkley maintained a Buy rating on Qualcomm yesterday and set a price target of $188.00. The company’s shares closed last Wednesday at $136.57. According to TipRanks.com, Walkley is a 5-star analyst with an average return of 25.7% and a 66.5% success rate. Walkley covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Sequans Communications S A, and Synchronoss Technologies. Qualcomm has an analyst consensus of Moderate Buy, with a price target consensus of $167.23. Qorvo (QRVO) Oppenheimer analyst Rick Schafer assigned a Buy rating to Qorvo yesterday and set a price target of $220.00. The company’s shares closed last Wednesday at $197.05, close to its 52-week high of $201.50.

BlackBerry Announces Management Team Shake-Up

Kailas Salunkhe- April 28, 2021, 10:15 AM EDT SHARE ON: BlackBerry Ltd. ( BB) is taking measures to align its business units and product commercialization strategies in its key markets. Additionally, the company announced changes to its management team. BlackBerry is focusing on Software and Services growth in 2022 and is organizing around Cyber Security and Internet of Things (IoT), two of its business segments. What’s more, the company promoted President Tom Eacobacci to BlackBerry President and Chief Operating Officer. Eacobacci will also be Acting General Manager of its Cyber Security business unit. Furthermore, Eacobacci will help John Chen, Executive Chairman and CEO of the company, in implementing corporate business plans and strategy.

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