There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Toast Inc (TOST – Research Report), Shopify (SHOP – Research Report) and Uber Technologies (UBER – Research Report) with bullish sentiments.
Toast Inc (TOST)
Robert W. Baird analyst David Koning maintained a Buy rating on Toast Inc yesterday and set a price target of $25.00. The company’s shares closed last Friday at $19.24, close to its 52-week low of $15.83.
According to TipRanks.com, Koning is a 5-star analyst with an average return of
Toast Inc has an analyst consensus of Moderate Buy, with a price target consensus of $29.60.
In a report released today, Colin Sebastian from Robert W. Baird maintained a Buy rating on Shopify, with a price target of $1000.00. The company’s shares closed last Friday at $677.00, close to its 52-week low of $510.02.
According to TipRanks.com, Sebastian 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 Shopify with a $988.63 average price target.
Uber Technologies (UBER)
In a report released today, Mark Mahaney from Evercore ISI maintained a Buy rating on Uber Technologies, with a price target of $77.00. The company’s shares closed last Friday at $33.88.
According to TipRanks.com, Mahaney is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Uber Technologies with a $60.48 average price target, implying a 75.1% upside from current levels. In a report issued on March 11, Deutsche Bank also initiated coverage with a Buy rating on the stock with a $50.00 price target.
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