tiprankstipranks
Blurbs

Analysts’ Top Technology Picks: Brightcove (BCOV), Garmin (GRMN)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Brightcove (BCOVResearch Report), Garmin (GRMNResearch Report) and Airbus Group SE (EADSFResearch Report) with bullish sentiments.

Brightcove (BCOV)

Colliers Securities analyst Steve Frankel maintained a Buy rating on Brightcove today and set a price target of $11.00. The company’s shares closed last Wednesday at $9.04, close to its 52-week low of $8.96.

According to TipRanks.com, Frankel is a 2-star analyst with an average return of 1.1% and a 48.7% success rate. Frankel covers the Technology sector, focusing on stocks such as SeaChange International, E2open Parent Holdings, and Dolby Laboratories.

Currently, the analyst consensus on Brightcove is a Moderate Buy with an average price target of $11.00.

See the top stocks recommended by analysts >>

Garmin (GRMN)

Colliers Securities analyst Derek Soderberg reiterated a Buy rating on Garmin today and set a price target of $170.00. The company’s shares closed last Wednesday at $119.59, close to its 52-week low of $114.25.

According to TipRanks.com, Soderberg is a 1-star analyst with an average return of -0.7% and a 43.2% success rate. Soderberg covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Lattice Semiconductor, and Digi International.

Currently, the analyst consensus on Garmin is a Strong Buy with an average price target of $163.40, representing a 40.5% upside. In a report released yesterday, J.P. Morgan also reiterated a Buy rating on the stock with a $150.00 price target.

Airbus Group SE (EADSF)

Barclays analyst Milene Kerner maintained a Buy rating on Airbus Group SE today and set a price target of EUR140.00. The company’s shares closed last Wednesday at $135.00, close to its 52-week high of $141.50.

Kerner has an average return of 22.5% when recommending Airbus Group SE.

According to TipRanks.com, Kerner is ranked #2326 out of 7805 analysts.

Currently, the analyst consensus on Airbus Group SE is a Strong Buy with an average price target of $165.13, a 23.1% upside from current levels. In a report issued on February 8, Goldman Sachs also maintained a Buy rating on the stock with a EUR179.00 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 BCOV:

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