There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Mitek Systems (MITK – Research Report), Axcelis Technologies (ACLS – Research Report) and Atomera (ATOM – Research Report) with bullish sentiments.
Mitek Systems (MITK)
In a report issued on January 16, Chad Bennett from Craig-Hallum assigned a Buy rating to Mitek Systems, with a price target of $17.00. The company’s shares closed last Monday at $12.53.
According to TipRanks.com, Bennett is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mitek Systems with a $17.80 average price target, representing a 44.0% upside. In a report issued on January 17, Jefferies also maintained a Buy rating on the stock with a $14.00 price target.
See today’s best-performing stocks on TipRanks >>
Axcelis Technologies (ACLS)
In a report issued on January 17, Christian Schwab from Craig-Hallum maintained a Buy rating on Axcelis Technologies, with a price target of $134.00. The company’s shares closed last Monday at $137.88.
According to TipRanks.com, Schwab is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Axcelis Technologies with a $164.67 average price target, implying a 23.3% upside from current levels. In a report issued on January 16, B.Riley Financial also maintained a Buy rating on the stock with a $180.00 price target.
Atomera (ATOM)
Craig-Hallum analyst Richard Shannon maintained a Buy rating on Atomera on January 16 and set a price target of $13.00. The company’s shares closed last Monday at $7.29.
According to TipRanks.com, Shannon is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Atomera with a $13.00 average 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 MITK:
