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Analysts Offer Insights on Technology Companies: Bombardier (OtherBDRBF) and Cerence (CRNC)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Bombardier (BDRBFResearch Report) and Cerence (CRNCResearch Report).

Bombardier (BDRBF)

In a report released today, David E. Strauss from Barclays maintained a Sell rating on Bombardier, with a price target of C$30.00. The company’s shares closed last Tuesday at $22.84.

According to TipRanks.com, Strauss is a 2-star analyst with an average return of 0.2% and a 55.2% success rate. Strauss covers the Technology sector, focusing on stocks such as Lockheed Martin, Triumph Group, and Boeing.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bombardier with a $42.01 average price target.

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

Cerence (CRNC)

In a report released today, Rajvindra Gill from Needham maintained a Buy rating on Cerence, with a price target of $30.00. The company’s shares closed last Tuesday at $23.34.

According to TipRanks.com, Gill is a 5-star analyst with an average return of 14.0% and a 61.6% success rate. Gill covers the Technology sector, focusing on stocks such as Sequans Communications S A, Everspin Technologies, and Smart Global Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cerence with a $40.33 average price target.

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