Northland raised the firm’s price target on Poet Technologies (POET) to $8 from $7 and keeps an Outperform rating on the shares. The firm is raising price targets on several suppliers of lasers/external light sources and other components for scale up Co-Packaged Optics solutions based on Marvell’s (MRVL) $3.25B baseline and $5.5B all in acquisition of start up Celestial AI, the analyst tells investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on POET:
- Poet Technologies files to sell 29.61M shares of common stock for holders
- POET Technologies Reports Q3 2025 Financial Results
- Quantum Computing (QUBT) Will Report Q3 Earnings Today. Here’s What to Expect
- POET Technologies Advances Commercialization with Strong Q3 2025 Results
- Poet Technologies options imply 8.9% move in share price post-earnings