There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Toast Inc (TOST – Research Report), SoundHound AI, Inc Class A (SOUN – Research Report) and Trade Desk (TTD – Research Report) with bullish sentiments.
Toast Inc (TOST)
D.A. Davidson analyst Peter Heckmann maintained a Buy rating on Toast Inc today and set a price target of $32.00. The company’s shares closed last Thursday at $26.82, close to its 52-week high of $27.57.
According to TipRanks.com, Heckmann is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Toast Inc with a $26.65 average price target, a -1.3% downside from current levels. In a report issued on May 7, Robert W. Baird also maintained a Buy rating on the stock with a $28.00 price target.
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SoundHound AI, Inc Class A (SOUN)
D.A. Davidson analyst Gil Luria reiterated a Buy rating on SoundHound AI, Inc Class A today and set a price target of $9.50. The company’s shares closed last Thursday at $4.75.
According to TipRanks.com, Luria is a 5-star analyst with an average return of
Currently, the analyst consensus on SoundHound AI, Inc Class A is a Moderate Buy with an average price target of $7.15, a 47.1% upside from current levels. In a report released today, Wedbush also maintained a Buy rating on the stock with a $9.00 price target.
Trade Desk (TTD)
In a report released today, Tom White from D.A. Davidson maintained a Buy rating on Trade Desk. The company’s shares closed last Thursday at $88.67, close to its 52-week high of $94.00.
According to TipRanks.com, White is a 3-star analyst with an average return of
Currently, the analyst consensus on Trade Desk is a Strong Buy with an average price target of $101.12, a 14.9% upside from current levels. In a report issued on May 2, Jefferies also upgraded the stock to Buy with a $105.00 price target.
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