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TipRanksStock Market NewsBLKB NewsAnalysts Have Conflicting Sentiments on These Technology Companies: 8X8 (EGHT), Blackbaud (BLKB) and Diodes (DIOD)
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Analysts Have Conflicting Sentiments on These Technology Companies: 8X8 (EGHT), Blackbaud (BLKB) and Diodes (DIOD)

Analysts have been eager to weigh in on the Technology sector with new ratings on 8X8 (EGHTResearch Report), Blackbaud (BLKBResearch Report) and Diodes (DIODResearch Report).

8X8 (EGHT)

Robert W. Baird analyst William Power maintained a Buy rating on 8X8 yesterday and set a price target of $32.00. The company’s shares closed last Thursday at $22.70.

According to TipRanks.com, Power is a 5-star analyst with an average return of 30.0% and a 67.8% success rate. Power covers the Technology sector, focusing on stocks such as Zoom Video Communications, Axon Enterprise, and Vonage Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for 8X8 with a $30.56 average price target, representing a 36.4% upside. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $44.00 price target.

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

Blackbaud (BLKB)

In a report released today, Matthew VanVliet from BTIG maintained a Hold rating on Blackbaud. The company’s shares closed last Thursday at $79.90, close to its 52-week high of $80.00.

According to TipRanks.com, VanVliet is a 4-star analyst with an average return of 25.0% and a 62.7% success rate. VanVliet covers the Technology sector, focusing on stocks such as Zoom Video Communications, Instructure Holdings, and Tyler Technologies.

Blackbaud has an analyst consensus of Hold, with a price target consensus of $75.00.

Diodes (DIOD)

Robert W. Baird analyst Tristan Gerra reiterated a Buy rating on Diodes yesterday and set a price target of $125.00. The company’s shares closed last Thursday at $103.88.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 19.4% and a 64.1% success rate. Gerra covers the Technology sector, focusing on stocks such as Sequans Communications S A, Advanced Micro Devices, and Lattice Semiconductor.

Diodes has an analyst consensus of Strong Buy, with a price target consensus of $102.40.

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