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Analysts Offer Insights on Technology Companies: Meta Platforms (FB), L3Harris Technologies (LHX) and Sportradar Group AG (SRAD)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Meta Platforms (FBResearch Report), L3Harris Technologies (LHXResearch Report) and Sportradar Group AG (SRADResearch Report) with bullish sentiments.

Meta Platforms (FB)

Jefferies analyst Brent Thill maintained a Buy rating on Meta Platforms today and set a price target of $350.00. The company’s shares closed last Wednesday at $227.85.

According to TipRanks.com, Thill is a 4-star analyst with an average return of 10.5% and a 51.2% success rate. Thill covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Palantir Technologies, and Procore Technologies.

Currently, the analyst consensus on Meta Platforms is a Moderate Buy with an average price target of $325.10, implying a 42.7% upside from current levels. In a report issued on March 28, Monness also maintained a Buy rating on the stock with a $375.00 price target.

See the top stocks recommended by analysts >>

L3Harris Technologies (LHX)

In a report released today, Sheila Kahyaoglu from Jefferies maintained a Buy rating on L3Harris Technologies, with a price target of $320.00. The company’s shares closed last Wednesday at $251.81.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 9.3% and a 69.7% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as Raytheon Technologies, Science Applications, and Caci International.

Currently, the analyst consensus on L3Harris Technologies is a Moderate Buy with an average price target of $267.62, representing a 6.3% upside. In a report issued on March 17, Vertical Research also maintained a Buy rating on the stock with a $271.00 price target.

Sportradar Group AG (SRAD)

In a report released today, David Katz from Jefferies maintained a Buy rating on Sportradar Group AG, with a price target of $23.00. The company’s shares closed last Wednesday at $16.68.

According to TipRanks.com, Katz is a 5-star analyst with an average return of 14.5% and a 56.1% success rate. Katz covers the Services sector, focusing on stocks such as Madison Square Garden Entertainment, Hilton Worldwide Holdings, and Live Nation Entertainment.

Currently, the analyst consensus on Sportradar Group AG is a Strong Buy with an average price target of $22.29, a 33.6% upside from current levels. In a report issued on March 17, UBS also maintained a Buy rating on the stock with a $17.00 price target.

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