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Analysts’ Top Technology Picks: Cloudflare (NET), Bombardier (BDRBF)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Cloudflare (NETResearch Report), Bombardier (BDRBFResearch Report) and Fathom Holdings (FTHMResearch Report) with bullish sentiments.

Cloudflare (NET)

Cowen & Co. analyst Shaul Eyal reiterated a Buy rating on Cloudflare today and set a price target of $200.00. The company’s shares closed last Thursday at $58.43, close to its 52-week low of $38.96.

According to TipRanks.com, Eyal is a top 25 analyst with an average return of 27.3% and a 67.6% success rate. Eyal covers the Technology sector, focusing on stocks such as Evolv Technologies Holdings, CrowdStrike Holdings, and Palo Alto Networks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cloudflare with a $91.71 average price target, which is a 59.7% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $100.00 price target.

See the top stocks recommended by analysts >>

Bombardier (BDRBF)

BMO Capital analyst Fadi Chamoun maintained a Buy rating on Bombardier today and set a price target of C$63.00. The company’s shares closed last Thursday at $20.10.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 14.9% and a 69.6% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, TFI International, and Norfolk Southern.

Currently, the analyst consensus on Bombardier is a Moderate Buy with an average price target of $41.23, representing a 122.9% upside. In a report issued on July 27, RBC Capital also maintained a Buy rating on the stock with a C$32.00 price target.

Fathom Holdings (FTHM)

In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Fathom Holdings, with a price target of $14.00. The company’s shares closed last Thursday at $7.01, close to its 52-week low of $5.90.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 18.3% and a 39.4% success rate. Aftahi covers the Technology sector, focusing on stocks such as Argo Blockchain, Digital Turbine, and Phunware.

Currently, the analyst consensus on Fathom Holdings is a Strong Buy with an average price target of $15.00.

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