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Analysts Offer Insights on Technology Companies: Lumen Technologies (LUMN), Clarivate (CLVT) and Palantir Technologies (PLTR)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Lumen Technologies (LUMNResearch Report), Clarivate (CLVTResearch Report) and Palantir Technologies (PLTRResearch Report).

Lumen Technologies (LUMN)

RBC Capital analyst Bora Lee maintained a Hold rating on Lumen Technologies on November 21 and set a price target of $6.00. The company’s shares closed last Wednesday at $5.88, close to its 52-week low of $5.68.

According to TipRanks.com, Lee is ranked #6942 out of 8112 analysts.

Currently, the analyst consensus on Lumen Technologies is a Moderate Sell with an average price target of $6.88, which is a 19.2% upside from current levels. In a report issued on November 8, Truist Financial also maintained a Hold rating on the stock with a $6.00 price target.

See the top stocks recommended by analysts >>

Clarivate (CLVT)

In a report issued on November 22, Ashish Sabadra from RBC Capital maintained a Buy rating on Clarivate, with a price target of $12.00. The company’s shares closed last Wednesday at $9.84, close to its 52-week low of $8.00.

According to TipRanks.com, Sabadra is a 2-star analyst with an average return of 0.0% and a 46.1% success rate. Sabadra covers the Services sector, focusing on stocks such as HireRight Holdings Corp, Vivint Smart Home, and ARAMARK Holdings.

Clarivate has an analyst consensus of Strong Buy, with a price target consensus of $12.93, which is a 39.6% upside from current levels. In a report issued on November 7, Stifel Nicolaus also maintained a Buy rating on the stock with a $13.00 price target.

Palantir Technologies (PLTR)

RBC Capital analyst Rishi Jaluria maintained a Sell rating on Palantir Technologies on November 22 and set a price target of $5.00. The company’s shares closed last Wednesday at $7.37, close to its 52-week low of $6.44.

According to TipRanks.com, Jaluria is a 1-star analyst with an average return of -2.3% and a 41.6% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Duck Creek Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for Palantir Technologies with a $9.13 average price target, a 25.9% upside from current levels. In a report issued on November 7, William Blair also maintained a Sell rating on the stock.

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