There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Oracle (ORCL – Research Report), Globant SA (GLOB – Research Report) and SOC Telemed (TLMD – Research Report) with bullish sentiments.
Monness analyst Brian White maintained a Buy rating on Oracle today and set a price target of $113.00. The company’s shares closed last Thursday at $89.81, close to its 52-week high of $91.20.
According to TipRanks.com, White is a top 100 analyst with an average return of
Currently, the analyst consensus on Oracle is a Hold with an average price target of $83.13.
Globant SA (GLOB)
Piper Sandler analyst Arvind Ramnani maintained a Buy rating on Globant SA today and set a price target of $300.00. The company’s shares closed last Thursday at $260.81, close to its 52-week high of $264.96.
According to TipRanks.com, Ramnani is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Globant SA with a $278.00 average price target, which is an 8.6% upside from current levels. In a report issued on August 3, Jefferies also upgraded the stock to Buy with a $290.00 price target.
SOC Telemed (TLMD)
Credit Suisse analyst Jailendra Singh maintained a Buy rating on SOC Telemed today and set a price target of $8.50. The company’s shares closed last Thursday at $4.15, close to its 52-week low of $4.14.
According to TipRanks.com, Singh is a 1-star analyst with an average return of
SOC Telemed has an analyst consensus of Strong Buy, with a price target consensus of $8.38, which is a 95.3% upside from current levels. In a report released today, Benchmark Co. also maintained a Buy rating on the stock with a $7.00 price target.
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