Evercore ISI Keeps Their Buy Rating on Resideo Technologies (REZI) | Markets Insider
In a report released on February 21, Amit Daryanani from Evercore ISI maintained a Buy rating on Resideo Technologies (REZI – Research Report), with a price target of $25.00. The company’s shares closed last Friday at $19.45.
According to TipRanks, Daryanani is a 5-star analyst with an average return of 13.7% and a 62.03% success rate. Daryanani covers the Technology sector, focusing on stocks such as Apple, Western Digital, and International Business Machines.
Resideo Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $27.00.
Based on Resideo Technologies’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.86 billion and a net profit of $23 million. In comparison, last year the company earned a revenue of $1.54 billion and had a net profit of $82 million