Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Microchip (MCHP – Research Report), CarGurus (CARG – Research Report) and PubMatic (PUBM – Research Report).
Microchip (MCHP)
In a report released today, John Vinh from KeyBanc maintained a Buy rating on Microchip, with a price target of $85.00. The company’s shares closed last Tuesday at $67.32, close to its 52-week low of $63.34.
According to TipRanks.com, Vinh is a 5-star analyst with an average return of
Currently, the analyst consensus on Microchip is a Moderate Buy with an average price target of $85.29, representing a 24.3% upside. In a report released today, B.Riley Financial also maintained a Buy rating on the stock with a $85.00 price target.
See today’s best-performing stocks on TipRanks >>
CarGurus (CARG)
D.A. Davidson analyst Tom White maintained a Hold rating on CarGurus today and set a price target of $34.00. The company’s shares closed last Tuesday at $21.63.
According to TipRanks.com, White is a 3-star analyst with an average return of
CarGurus has an analyst consensus of Strong Buy, with a price target consensus of $42.60.
PubMatic (PUBM)
In a report released today, Matthew Hedberg from RBC Capital maintained a Buy rating on PubMatic, with a price target of $33.00. The company’s shares closed last Tuesday at $18.68, close to its 52-week low of $18.30.
According to TipRanks.com, Hedberg ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for PubMatic with a $32.88 average price target, which is a 65.6% upside from current levels. In a report released today, KeyBanc also maintained a Buy rating on the stock with a $27.00 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 MCHP:
- Analysts’ Opinions Are Mixed on These Financial Stocks: KKR & Co (KKR), Finance of America Companies (FOA) and SoFi Technologies (SOFI)
- Analysts’ Opinions Are Mixed on These Healthcare Stocks: Azenta (AZTA), Heska (HSKA) and ICU Medical (ICUI)
- Five-Star Analyst Vincent Lovaglio Strongly Favors These 2 Stocks
- Analysts’ Top Healthcare Picks: Novavax (NVAX), Cara Therapeutics (CARA)
- Maxim Group Sticks to Its Hold Rating for Elevate Credit (ELVT)
