Blurbs

Analysts Offer Insights on Technology Companies: Xero Limited (OtherXROLF) and Arteris (AIP)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Xero Limited (XROLFResearch Report) and Arteris (AIPResearch Report) with bullish sentiments.

Xero Limited (XROLF)

The company’s shares closed last Monday at $61.08, close to its 52-week low of $57.58.

According to TipRanks.com, Ahmed ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -18.3% and a 25.6% success rate. Ahmed covers the Technology sector, focusing on stocks such as Wisetech Global Ltd., Megaport Ltd., and Appen Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xero Limited with a $73.21 average price target, representing a 24.7% upside. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a price target.

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

Arteris (AIP)

In a report released yesterday, Hans Mosesmann from Rosenblatt Securities maintained a Buy rating on Arteris, with a price target of $35.00. The company’s shares closed last Thursday at $8.47, close to its 52-week low of $7.69.

According to TipRanks.com, Mosesmann is a top 25 analyst with an average return of 31.4% and a 69.0% success rate. Mosesmann covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Texas Instruments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arteris with a $23.00 average 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 XROLF:

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
Videos