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Analysts Conflicted on These Technology Names: Genasys (GNSS), FTC Solar (FTCI) and Tigo Energy (TYGO)

Analysts have been eager to weigh in on the Technology sector with new ratings on Genasys (GNSSResearch Report), FTC Solar (FTCIResearch Report) and Tigo Energy (TYGOResearch Report).

Genasys (GNSS)

Northland Securities analyst Michael Latimore reiterated a Buy rating on Genasys today and set a price target of $4.50. The company’s shares closed last Wednesday at $1.88, close to its 52-week low of $1.51.

According to TipRanks.com, Latimore is a 5-star analyst with an average return of 17.1% and a 50.3% success rate. Latimore covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Synchronoss Technologies, and SoundThinking Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Genasys with a $4.63 average price target.

See the top stocks recommended by analysts >>

FTC Solar (FTCI)

Northland Securities analyst Donovan Schafer CFA maintained a Hold rating on FTC Solar today and set a price target of $0.50. The company’s shares closed last Tuesday at $0.51, close to its 52-week low of $0.28.

According to TipRanks.com, CFA has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -19.0% and a 32.7% success rate. CFA covers the Technology sector, focusing on stocks such as Sunnova Energy International, Shoals Technologies Group, and Maxeon Solar Technologies.

Currently, the analyst consensus on FTC Solar is a Moderate Buy with an average price target of $0.87, a 74.0% upside from current levels. In a report issued on May 13, Piper Sandler also maintained a Hold rating on the stock with a $0.40 price target.

Tigo Energy (TYGO)

In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Tigo Energy, with a price target of $4.80. The company’s shares closed last Tuesday at $1.36, close to its 52-week low of $0.86.

According to TipRanks.com, Richard is a top 100 analyst with an average return of 21.8% and a 60.0% success rate. Richard covers the Technology sector, focusing on stocks such as SolarEdge Technologies, Power Integrations, and Enphase Energy.

Tigo Energy has an analyst consensus of Strong Buy, with a price target consensus of $4.90, representing a 326.1% upside. In a report released today, Craig-Hallum also maintained a Buy rating on the stock.

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