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Analysts Offer Insights on Technology Companies: DoubleVerify Holdings (DV), Epam Systems (EPAM) and AppLovin (APP)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on DoubleVerify Holdings (DVResearch Report), Epam Systems (EPAMResearch Report) and AppLovin (APPResearch Report) with bullish sentiments.

DoubleVerify Holdings (DV)

In a report issued on May 10, Mark Kelley from Stifel Nicolaus maintained a Buy rating on DoubleVerify Holdings, with a price target of $25.00. The company’s shares closed last Friday at $18.89, close to its 52-week low of $17.74.

According to TipRanks.com, Kelley is a top 100 analyst with an average return of 34.0% and a 73.4% success rate. Kelley covers the NA sector, focusing on stocks such as Nexxen International, Integral Ad Science, and Alphabet Class A.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DoubleVerify Holdings with a $31.82 average price target, representing a 68.4% upside. In a report issued on April 30, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $39.00 price target.

See today’s best-performing stocks on TipRanks >>

Epam Systems (EPAM)

In a report issued on May 10, David Grossman from Stifel Nicolaus maintained a Buy rating on Epam Systems, with a price target of $225.00. The company’s shares closed last Friday at $183.40, close to its 52-week low of $180.28.

According to TipRanks.com, Grossman is a 4-star analyst with an average return of 6.9% and a 55.2% success rate. Grossman covers the Technology sector, focusing on stocks such as International Business Machines, Accenture, and Infosys.

Currently, the analyst consensus on Epam Systems is a Moderate Buy with an average price target of $292.40, which is a 59.8% upside from current levels. In a report issued on April 29, Scotiabank also maintained a Buy rating on the stock with a $300.00 price target.

AppLovin (APP)

In a report issued on May 10, David Pang from Stifel Nicolaus maintained a Buy rating on AppLovin, with a price target of $98.00. The company’s shares closed last Friday at $86.43, close to its 52-week high of $88.50.

Pang has an average return of 89.9% when recommending AppLovin.

According to TipRanks.com, Pang is ranked #621 out of 8839 analysts.

Currently, the analyst consensus on AppLovin is a Moderate Buy with an average price target of $83.04, implying a -3.1% downside from current levels. In a report issued on May 2, Jefferies also initiated coverage with a Buy rating on the stock with a $93.00 price target.

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