Analysts Offer Insights on Technology Companies: Adtran (ADTN) and Avid Technology (AVID)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Adtran (ADTNResearch Report) and Avid Technology (AVIDResearch Report).

Avid Technology (AVID)

Rosenblatt Securities analyst Steve Frankel reiterated a Hold rating on Avid Technology yesterday and set a price target of $28.00. The company’s shares closed last Tuesday at $24.49.

According to, Frankel has 0 stars on 0-5 stars ranking scale with an average return of -6.3% and a 36.0% success rate. Frankel covers the Technology sector, focusing on stocks such as Dolby Laboratories, Brightcove, and Harmonic.

Avid Technology has an analyst consensus of Hold, with a price target consensus of $28.00.

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