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Analysts Are Bullish on These Technology Stocks: Latch (LTCH), Innovid (CTV)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Latch (LTCHResearch Report) and Innovid (CTVResearch Report) with bullish sentiments.

Latch (LTCH)

Colliers Securities analyst Barry Oxford maintained a Buy rating on Latch today and set a price target of $5.00. The company’s shares closed last Wednesday at $1.18, close to its 52-week low of $0.99.

According to TipRanks.com, Oxford is a 4-star analyst with an average return of 8.3% and a 60.6% success rate. Oxford covers the Financial sector, focusing on stocks such as Alpine Income Property Trust Inc, The Necessity Retail REIT, and Plymouth Industrial Reit.

The word on The Street in general, suggests a Hold analyst consensus rating for Latch with a $3.11 average price target.

See the top stocks recommended by analysts >>

Innovid (CTV)

In a report released today, Laura Martin from Needham maintained a Buy rating on Innovid, with a price target of $6.00. The company’s shares closed last Wednesday at $3.56.

According to TipRanks.com, Martin is a 3-star analyst with an average return of 2.4% and a 44.0% success rate. Martin covers the Services sector, focusing on stocks such as Chicken Soup For The Soul Entertainment, Paramount Global Class B, and Tremor International.

Currently, the analyst consensus on Innovid is a Moderate Buy with an average price target of $6.50.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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