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Analysts Conflicted on These Technology Names: Vuzix (VUZI) and Squarespace (SQSP)

Analysts have been eager to weigh in on the Technology sector with new ratings on Vuzix (VUZIResearch Report) and Squarespace (SQSPResearch Report).

Vuzix (VUZI)

BTIG analyst Matthew VanVliet maintained a Hold rating on Vuzix today. The company’s shares closed last Monday at $1.34, close to its 52-week low of $1.10.

According to TipRanks.com, VanVliet has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.3% and a 36.7% success rate. VanVliet covers the Technology sector, focusing on stocks such as Instructure Holdings, Tyler Technologies, and Sprout Social.

Currently, the analyst consensus on Vuzix is a Moderate Buy with an average price target of $3.00.

See the top stocks recommended by analysts >>

Squarespace (SQSP)

Citi analyst Ygal Arounian maintained a Buy rating on Squarespace today and set a price target of $46.00. The company’s shares closed last Monday at $43.25.

According to TipRanks.com, Arounian is a 4-star analyst with an average return of 9.8% and a 52.2% success rate. Arounian covers the Technology sector, focusing on stocks such as Trade Desk, Verisign, and GoDaddy.

Currently, the analyst consensus on Squarespace is a Moderate Buy with an average price target of $42.50, implying a -1.5% downside from current levels. In a report issued on May 10, Mizuho Securities also upgraded the stock to Buy with a $50.00 price target.

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