Analysts have been eager to weigh in on the Technology sector with new ratings on Rimini Street (RMNI – Research Report) and Ouster (OUST – Research Report).
Rimini Street (RMNI)
Craig-Hallum analyst Jeff Van Rhee maintained a Hold rating on Rimini Street today. The company’s shares closed last Thursday at $2.42, close to its 52-week low of $2.18.
According to TipRanks.com, Rhee is a 5-star analyst with an average return of
Rimini Street has an analyst consensus of Moderate Buy, with a price target consensus of $5.00.
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Ouster (OUST)
In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on Ouster. The company’s shares closed last Thursday at $5.70, close to its 52-week low of $3.21.
According to TipRanks.com, Shannon is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ouster with a $7.50 average price target.
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Read More on RMNI:
- Rimini Street sees Q3 revenue $105.5M-$107.5M, consensus $106.16M
- Rimini Street reports Q2 EPS 5c, consensus 11c
- Alliance Global trims Rimini Street price target to $4.50, says selloff overdone
- Craig-Hallum downgrades Rimini Street to Hold after ‘harsh’ court ruling
- Rimini Street downgraded to Hold from Buy at Craig-Hallum
