There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Motorola Solutions (MSI – Research Report) and Dada Nexus (DADA – Research Report) with bullish sentiments.
Motorola Solutions (MSI)
In a report released yesterday, Tomer Zilberman from Bank of America Securities reiterated a Buy rating on Motorola Solutions, with a price target of $330.00. The company’s shares closed last Wednesday at $280.51.
Motorola Solutions has an analyst consensus of Strong Buy, with a price target consensus of $319.67.
See Insiders’ Hot Stocks on TipRanks >>
Dada Nexus (DADA)
Bank of America Securities analyst Lei Zhang reiterated a Buy rating on Dada Nexus yesterday and set a price target of $9.00. The company’s shares closed last Wednesday at $3.76, close to its 52-week low of $2.98.
According to TipRanks.com, Zhang is a 1-star analyst with an average return of
Dada Nexus has an analyst consensus of Strong Buy, with a price target consensus of $7.91, which is an 110.4% upside from current levels. In a report issued on October 16, Jefferies also maintained a Buy rating on the stock with a $8.60 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 MSI:
- Oracle upgraded, Spotify downgraded: Wall Street’s top analyst calls
- Motorola Solutions initiated with a Buy at BofA
- Calix, Harmonic remain Jefferies’ ‘favorite longs’ in Telecom & Networking
- Motorola Solutions management to meet with Jefferies
- IETC ETF: A Prudent Bet on Rising U.S. Tech Independence
