There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Ambarella (AMBA – Research Report) and NexTech AR Solutions (NEXCF – Research Report) with bullish sentiments.
Ambarella (AMBA)
In a report released today, Kevin Cassidy from Rosenblatt Securities maintained a Buy rating on Ambarella, with a price target of $110.00. The company’s shares closed last Friday at $73.57, close to its 52-week low of $49.02.
According to TipRanks.com, Cassidy is a top 100 analyst with an average return of
Ambarella has an analyst consensus of Moderate Buy, with a price target consensus of $95.64.
See the top stocks recommended by analysts >>
NexTech AR Solutions (NEXCF)
H.C. Wainwright analyst Scott Buck reiterated a Buy rating on NexTech AR Solutions today and set a price target of $2.50. The company’s shares closed last Thursday at $0.84.
According to TipRanks.com, Buck has 0 stars on 0-5 stars ranking scale with an average return of
NexTech AR Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $2.50.
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Read More on AMBA:
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- BMO Capital Keeps Their Hold Rating on Frontera Energy (FECCF)
- Analysts Have Conflicting Sentiments on These Consumer Goods Companies: General Motors (GM), Molson Coors (TAP) and Bj’s Wholesale Club Holdings (BJ)
- Analysts Are Bullish on Top Financial Stocks: EZCORP (EZPW), LPL Financial (LPLA)
- Analysts Conflicted on These Technology Names: Boeing (BA) and Exlservice Holdings (EXLS)
