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Analysts Offer Insights on Technology Companies: Trade Desk (TTD), Alarm (ALRM) and Paltalk (PALT)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Trade Desk (TTDResearch Report), Alarm (ALRMResearch Report) and Paltalk (PALTResearch Report) with bullish sentiments.

Trade Desk (TTD)

In a report released today, Brian Fitzgerald from Wells Fargo maintained a Buy rating on Trade Desk, with a price target of $82.00. The company’s shares closed last Wednesday at $64.97.

According to TipRanks.com, Fitzgerald is a 5-star analyst with an average return of 15.2% and a 57.3% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as IAC/InteractiveCorp., Activision Blizzard, and Integral Ad Science.

Trade Desk has an analyst consensus of Moderate Buy, with a price target consensus of $71.43, which is an 9.0% upside from current levels. In a report issued on May 3, Vertical Group also upgraded the stock to Buy.

See the top stocks recommended by analysts >>

Alarm (ALRM)

Roth MKM analyst Darren Aftahi reiterated a Buy rating on Alarm today and set a price target of $59.00. The company’s shares closed last Wednesday at $47.90, close to its 52-week low of $44.92.

According to TipRanks.com, Aftahi is a 4-star analyst with an average return of 8.5% and a 35.3% success rate. Aftahi covers the Technology sector, focusing on stocks such as Fathom Holdings, Argo Blockchain, and Real Brokerage.

Alarm has an analyst consensus of Moderate Buy, with a price target consensus of $63.00, which is a 31.1% upside from current levels. In a report released today, Bank of America Securities also reiterated a Buy rating on the stock with a $75.00 price target.

Paltalk (PALT)

In a report released yesterday, Allen Klee from Maxim Group upgraded Paltalk to Buy, with a price target of $5.00. The company’s shares closed last Wednesday at $2.42.

According to TipRanks.com, Klee is ranked 0 out of 5 stars with an average return of -20.5% and a 23.2% success rate. Klee covers the Technology sector, focusing on stocks such as Interlink Electronics, T Stamp, Inc. Class A, and Research Solutions.

Paltalk has an analyst consensus of Moderate Buy, with a price target consensus of $5.00.

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