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Analysts Offer Insights on Technology Companies: Calidus Resources Ltd. (OtherCALRF) and ELMO Software Ltd. (OtherELMFF)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Calidus Resources Ltd. (CALRFResearch Report) and ELMO Software Ltd. (ELMFFResearch Report) with bullish sentiments.

Calidus Resources Ltd. (CALRF)

The company’s shares closed last Thursday at $0.65, equals to its 52-week high of $0.65.

CFA has an average return of 15.6% when recommending Calidus Resources Ltd..

According to TipRanks.com, CFA is ranked #3164 out of 7881 analysts.

Calidus Resources Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of $0.83.

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

ELMO Software Ltd. (ELMFF)

The company’s shares closed last Friday at $2.08.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ELMO Software Ltd. with a $4.91 average price target, which is a 136.6% upside from current levels. In a report issued on May 5, Morgan Stanley also maintained a Buy rating on the stock with a price target.

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