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Analysts’ Top Technology Picks: Transcat (TRNS), Marathon Digital Holdings (MARA)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Transcat (TRNSResearch Report) and Marathon Digital Holdings (MARAResearch Report) with bullish sentiments.

Transcat (TRNS)

H.C. Wainwright analyst Scott Buck maintained a Buy rating on Transcat today and set a price target of $105.00. The company’s shares closed last Monday at $90.92, close to its 52-week high of $101.05.

According to TipRanks.com, Buck is a 4-star analyst with an average return of 16.1% and a 41.9% success rate. Buck covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Lightpath Technologies, and Intellicheck Mobilisia.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Transcat with a $99.75 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Marathon Digital Holdings (MARA)

H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on Marathon Digital Holdings today and set a price target of $50.00. The company’s shares closed last Monday at $32.89.

According to TipRanks.com, Dede is a 4-star analyst with an average return of 10.7% and a 42.1% success rate. Dede covers the Technology sector, focusing on stocks such as Summit Wireless Technologies, HIVE Blockchain Technologies, and Mawson Infrastructure Group.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Marathon Digital Holdings with a $68.33 average price target, a 102.9% upside from current levels. In a report issued on December 29, D.A. Davidson also maintained a Buy rating on the stock with a $65.00 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.

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