Companies in the Technology sector have received a lot of coverage today as analysts weigh in on International Business Machines (IBM – Research Report), Bumble (BMBL – Research Report) and Duolingo (DUOL – Research Report).
International Business Machines (IBM)
In a report issued on January 21, Amit Daryanani from Evercore ISI maintained a Hold rating on International Business Machines, with a price target of $140.00. The company’s shares closed last Friday at $129.35.
According to TipRanks.com, Daryanani is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for International Business Machines with a $150.88 average price target, implying a 14.6% upside from current levels. In a report issued on January 9, Goldman Sachs also initiated coverage with a Hold rating on the stock.
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Bumble (BMBL)
Evercore ISI analyst Shweta Khajuria maintained a Buy rating on Bumble on January 21 and set a price target of $50.00. The company’s shares closed last Friday at $30.00, close to its 52-week low of $29.50.
According to TipRanks.com, Khajuria is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bumble with a $50.31 average price target, representing a 64.9% upside. In a report issued on January 7, Jefferies also maintained a Buy rating on the stock with a $50.00 price target.
Duolingo (DUOL)
Evercore ISI analyst Mark Mahaney maintained a Buy rating on Duolingo on January 21 and set a price target of $195.00. The company’s shares closed last Friday at $85.71, close to its 52-week low of $85.00.
According to TipRanks.com, Mahaney is a top 100 analyst with an average return of
Currently, the analyst consensus on Duolingo is a Moderate Buy with an average price target of $158.40, representing a 76.1% upside. In a report issued on January 13, Piper Sandler also maintained a Buy rating on the stock with a $137.00 price target.
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