tiprankstipranks
Blurbs

Analysts Are Bullish on Top Technology Stocks: Clearfield (CLFD), Cohu (COHU)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Clearfield (CLFDResearch Report), Cohu (COHUResearch Report) and SS&C Technologies Holdings (SSNCResearch Report) with bullish sentiments.

Clearfield (CLFD)

Needham analyst Ryan Koontz initiated coverage with a Buy rating on Clearfield today and set a price target of $92.00. The company’s shares closed last Thursday at $57.94.

According to TipRanks.com, Koontz is a 3-star analyst with an average return of 2.2% and a 41.3% success rate. Koontz covers the Technology sector, focusing on stocks such as Zoom Video Communications, Otonomo Technologies, and Planet Labs PBC.

Currently, the analyst consensus on Clearfield is a Moderate Buy with an average price target of $92.00.

See today’s best-performing stocks on TipRanks >>

Cohu (COHU)

In a report released today, Quinn Bolton from Needham maintained a Buy rating on Cohu, with a price target of $36.00. The company’s shares closed last Thursday at $27.23, close to its 52-week low of $25.06.

According to TipRanks.com, Bolton is a top 25 analyst with an average return of 45.0% and a 68.3% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Rockley Photonics Holdings.

Cohu has an analyst consensus of Moderate Buy, with a price target consensus of $36.80, a 40.9% upside from current levels. In a report issued on April 25, Stifel Nicolaus also reiterated a Buy rating on the stock with a $45.00 price target.

SS&C Technologies Holdings (SSNC)

Needham analyst Mayank Tandon reiterated a Buy rating on SS&C Technologies Holdings today and set a price target of $92.00. The company’s shares closed last Thursday at $69.04, close to its 52-week low of $66.70.

According to TipRanks.com, Tandon is a 5-star analyst with an average return of 14.1% and a 51.7% success rate. Tandon covers the Technology sector, focusing on stocks such as Duck Creek Technologies, Grid Dynamics Holdings, and Sapiens International.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SS&C Technologies Holdings with a $90.86 average price target, which is a 33.0% upside from current levels. In a report issued on April 21, RBC Capital also maintained a Buy rating on the stock with a $88.00 price target.

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.

Read More on CLFD:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More