There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on GigaCloud Technology, Inc. Class A (GCT – Research Report), Porch Group (PRCH – Research Report) and Intel (INTC – Research Report) with bullish sentiments.
GigaCloud Technology, Inc. Class A (GCT)
In a report released today, Sophie Huang from CMB International Securities maintained a Buy rating on GigaCloud Technology, Inc. Class A, with a price target of $30.00. The company’s shares closed last Thursday at $23.29, close to its 52-week high of $26.45.
According to TipRanks.com, Huang is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GigaCloud Technology, Inc. Class A with a $24.00 average price target.
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Porch Group (PRCH)
Northland Securities analyst Michael Grondahl maintained a Buy rating on Porch Group today and set a price target of $3.00. The company’s shares closed last Thursday at $2.31.
According to TipRanks.com, Grondahl is a 5-star analyst with an average return of
Currently, the analyst consensus on Porch Group is a Moderate Buy with an average price target of $4.00, representing a 75.4% upside. In a report released today, Benchmark Co. also initiated coverage with a Buy rating on the stock with a $10.00 price target.
Intel (INTC)
In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Intel, with a price target of $68.00. The company’s shares closed last Thursday at $49.55, close to its 52-week high of $51.28.
According to TipRanks.com, Richard is a top 100 analyst with an average return of
Currently, the analyst consensus on Intel is a Hold with an average price target of $45.78, implying a -8.4% downside from current levels. In a report issued on January 19, Raymond James also maintained a Buy rating on the stock with a $54.00 price target.
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