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Analysts Offer Insights on Technology Companies: Rada Electronics (RADA) and Digital Turbine (APPS)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Rada Electronics (RADAResearch Report) and Digital Turbine (APPSResearch Report) with bullish sentiments.

Rada Electronics (RADA)

In a report released yesterday, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Rada Electronics, with a price target of $16.00. The company’s shares closed last Tuesday at $11.36.

According to TipRanks.com, Kahyaoglu is a 3-star analyst with an average return of 1.8% and a 52.3% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as L3Harris Technologies, Raytheon Technologies, and Caci International.

Rada Electronics has an analyst consensus of Strong Buy, with a price target consensus of $15.75.

See today’s best-performing stocks on TipRanks >>

Digital Turbine (APPS)

Roth Capital analyst Darren Aftahi maintained a Buy rating on Digital Turbine today and set a price target of $40.00. The company’s shares closed last Tuesday at $15.41, close to its 52-week low of $14.43.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 13.9% and a 34.7% success rate. Aftahi covers the Technology sector, focusing on stocks such as Argo Blockchain, Fathom Holdings, and Phunware.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Digital Turbine with a $51.25 average price target.

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