POET Technologies (OTCMKTS:POETF) has been assigned a $2.00 price objective by analysts at HC Wainwright in a report released on Thursday. The brokerage presently has a “buy” rating on the stock.

Shares of POET Technologies (OTCMKTS POETF) remained flat at $$0.18 during midday trading on Thursday. The stock had a trading volume of 105,640 shares, compared to its average volume of 23,962. POET Technologies has a 12 month low of $0.14 and a 12 month high of $0.37.

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About POET Technologies

POET Technologies Inc designs, manufactures, and sells semi-conductor products for consumer, data center, high performance computing, military, and commercial applications in the United States, Canada, and Singapore. It offers photonic sensing and optical light source products. The company was formerly known as Opel Technologies Inc and changed its name to POET Technologies Inc in June 2013.

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