tiprankstipranks
Blurbs

Analysts Offer Insights on Technology Companies: Toast Inc (TOST), Shopify (SHOP) and Uber Technologies (UBER)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Toast Inc (TOSTResearch Report), Shopify (SHOPResearch Report) and Uber Technologies (UBERResearch 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 10.8% and a 65.2% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Fidelity National Info.

Toast Inc has an analyst consensus of Moderate Buy, with a price target consensus of $29.60.

See the top stocks recommended by analysts >>

Shopify (SHOP)

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 17.8% and a 57.6% success rate. Sebastian covers the Technology sector, focusing on stocks such as Alphabet Class A, Alphabet Class C, and Playtika Holding.

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 38.1% and a 60.2% success rate. Mahaney covers the Technology sector, focusing on stocks such as Spotify Technology SA, Zillow Group Class A, and Integral Ad Science.

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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on TOST:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed