Analysts have been eager to weigh in on the Technology sector with new ratings on Ciena (CIEN – Research Report), Universal Display (OLED – Research Report) and Q2 Holdings (QTWO – Research Report).
Ciena (CIEN)
Evercore ISI analyst Amit Daryanani maintained a Buy rating on Ciena on June 28 and set a price target of $60.00. The company’s shares closed last Wednesday at $45.60, close to its 52-week low of $41.63.
According to TipRanks.com, Daryanani is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ciena with a $69.67 average price target, a 52.3% upside from current levels. In a report issued on June 20, Rosenblatt Securities also maintained a Buy rating on the stock with a $70.00 price target.
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Universal Display (OLED)
In a report issued on June 28, C J Muse from Evercore ISI maintained a Buy rating on Universal Display, with a price target of $170.00. The company’s shares closed last Wednesday at $103.78, close to its 52-week low of $103.15.
According to TipRanks.com, Muse is a 5-star analyst with an average return of
Universal Display has an analyst consensus of Moderate Buy, with a price target consensus of $163.50.
Q2 Holdings (QTWO)
BTIG analyst Matthew VanVliet maintained a Hold rating on Q2 Holdings on June 28. The company’s shares closed last Wednesday at $39.12, close to its 52-week low of $34.42.
According to TipRanks.com, VanVliet is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Q2 Holdings with a $68.00 average price target.
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