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Analysts Offer Insights on Technology Companies: Viavi Solutions (VIAV), Atlassian (TEAM) and Bitfarms (BITF)

Analysts have been eager to weigh in on the Technology sector with new ratings on Viavi Solutions (VIAVResearch Report), Atlassian (TEAMResearch Report) and Bitfarms (BITFResearch Report).

Viavi Solutions (VIAV)

In a report released today, Alex Henderson from Needham maintained a Hold rating on Viavi Solutions. The company’s shares closed last Thursday at $11.50.

According to TipRanks.com, Henderson is a 5-star analyst with an average return of 14.7% and a 56.0% success rate. Henderson covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Ceragon Networks, and Extreme Networks.

Currently, the analyst consensus on Viavi Solutions is a Moderate Buy with an average price target of $13.75.

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

Atlassian (TEAM)

In a report released today, Keith Weiss from Morgan Stanley maintained a Buy rating on Atlassian, with a price target of $185.00. The company’s shares closed last Thursday at $182.41.

According to TipRanks.com, Weiss is a 5-star analyst with an average return of 13.5% and a 64.0% success rate. Weiss covers the Technology sector, focusing on stocks such as Qualtrics International, Palantir Technologies, and BigCommerce Holdings.

Currently, the analyst consensus on Atlassian is a Moderate Buy with an average price target of $187.33, which is a 4.3% upside from current levels. In a report issued on January 19, Jefferies also maintained a Buy rating on the stock with a $180.00 price target.

Bitfarms (BITF)

H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on Bitfarms today and set a price target of $5.00. The company’s shares closed last Thursday at $1.15.

According to TipRanks.com, Dede has 0 stars on 0-5 stars ranking scale with an average return of -2.4% and a 31.8% success rate. Dede covers the Technology sector, focusing on stocks such as HIVE Blockchain Technologies, Marathon Digital Holdings, and Stronghold Digital Mining.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bitfarms with a $5.00 average price target.

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