Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Trade Desk (TTD – Research Report), Rockley Photonics Holdings (RKLY – Research Report) and Vertex (VERX – Research Report).
Trade Desk (TTD)
Jefferies analyst Brent Thill maintained a Buy rating on Trade Desk yesterday and set a price target of $65.00. The company’s shares closed last Wednesday at $39.89, close to its 52-week low of $39.00.
According to TipRanks.com, Thill has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trade Desk with a $67.44 average price target, which is a 43.9% upside from current levels. In a report issued on November 3, RBC Capital also maintained a Buy rating on the stock with a $80.00 price target.
See today’s best-performing stocks on TipRanks >>
Rockley Photonics Holdings (RKLY)
In a report released today, Quinn Bolton from Needham downgraded Rockley Photonics Holdings to Hold. The company’s shares closed last Wednesday at $0.37, close to its 52-week low of $0.37.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of
Rockley Photonics Holdings has an analyst consensus of Hold, with a price target consensus of $6.00.
Vertex (VERX)
In a report released yesterday, Samad Samana from Jefferies maintained a Buy rating on Vertex, with a price target of $13.50. The company’s shares closed last Wednesday at $16.11.
According to TipRanks.com, Samana is a 4-star analyst with an average return of
Currently, the analyst consensus on Vertex is a Moderate Buy with an average price target of $52.31, a 223.7% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $19.00 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 TTD:
- Analysts Offer Insights on Consumer Goods Companies: Capri Holdings (CPRI) and Dutch Bros Inc (BROS)
- Rivian Scores 3 Buys after Posting Impressive Q3
- Analysts’ Top Healthcare Picks: Jazz Pharmaceuticals (JAZZ), scPharmaceuticals (SCPH)
- Quoin Pharmaceuticals Provides Corporate Update and Announces Third Quarter 2022 Financial Results
- NETSOL Technologies Reports Fiscal First Quarter 2023 Financial Results
