There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Akamai (AKAM – Research Report) and Informatica (INFA – Research Report) with bullish sentiments.
Akamai (AKAM)
RBC Capital analyst Rishi Jaluria maintained a Buy rating on Akamai on February 16 and set a price target of $140.00. The company’s shares closed last Thursday at $102.93.
According to TipRanks.com, Jaluria is a 4-star analyst with an average return of
Akamai has an analyst consensus of Moderate Buy, with a price target consensus of $130.78, a 25.3% upside from current levels. In a report issued on February 16, FBN Securities also maintained a Buy rating on the stock with a $130.00 price target.
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Informatica (INFA)
In a report released yesterday, Matthew Hedberg from RBC Capital maintained a Buy rating on Informatica, with a price target of $40.00. The company’s shares closed last Thursday at $20.18.
According to TipRanks.com, Hedberg is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Informatica with a $38.33 average price target, representing a 53.0% upside. In a report issued on February 9, UBS also maintained a Buy rating on the stock with a $39.00 price target.
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