Analysts have been eager to weigh in on the Technology sector with new ratings on Adtran (ADTN – Research Report), Lyft (LYFT – Research Report) and GoPro (GPRO – Research Report).
Adtran (ADTN)
Warburg Research analyst Robert-Jan van der Horst maintained a Buy rating on Adtran today and set a price target of EUR13.80. The company’s shares closed last Tuesday at $5.39, close to its 52-week low of $4.34.
According to TipRanks.com, Horst is ranked #6290 out of 8824 analysts.
Currently, the analyst consensus on Adtran is a Strong Buy with an average price target of $9.46, an 85.9% upside from current levels. In a report released today, Northland Securities also upgraded the stock to Buy with a $7.50 price target.
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Lyft (LYFT)
Wedbush analyst Scott Devitt maintained a Hold rating on Lyft today and set a price target of $18.00. The company’s shares closed last Tuesday at $16.60.
According to TipRanks.com, Devitt is a 5-star analyst with an average return of
Lyft has an analyst consensus of Hold, with a price target consensus of $18.07, which is a 3.7% upside from current levels. In a report issued on April 24, Jefferies also maintained a Hold rating on the stock with a $17.50 price target.
GoPro (GPRO)
Wedbush analyst Michael Pachter reiterated a Hold rating on GoPro today and set a price target of $2.00. The company’s shares closed last Tuesday at $1.84, close to its 52-week low of $1.67.
According to TipRanks.com, Pachter is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for GoPro with a $2.00 average price target.
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