There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on PowerSchool (PWSC – Research Report) and Sequans Communications S A (SQNS – Research Report) with bullish sentiments.
PowerSchool (PWSC)
Needham analyst Ryan MacDonald maintained a Buy rating on PowerSchool today and set a price target of $26.00. The company’s shares closed last Tuesday at $23.48, close to its 52-week high of $23.92.
According to TipRanks.com, MacDonald is a 5-star analyst with an average return of
Currently, the analyst consensus on PowerSchool is a Strong Buy with an average price target of $22.70, a -0.4% downside from current levels. In a report issued on January 4, Bank of America Securities also upgraded the stock to Buy with a $32.00 price target.
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Sequans Communications S A (SQNS)
In a report released today, Rajvindra Gill from Needham maintained a Buy rating on Sequans Communications S A, with a price target of $7.00. The company’s shares closed last Tuesday at $3.05.
According to TipRanks.com, Gill is a 5-star analyst with an average return of
Sequans Communications S A has an analyst consensus of Moderate Buy, with a price target consensus of $7.00.
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