Analysts have been eager to weigh in on the Technology sector with new ratings on Appen Ltd. (APPEF – Research Report) and Next Science Ltd (NXSCF – Research Report).
Appen Ltd. (APPEF)
In a report released yesterday, Ross Barrows from Wilsons upgraded Appen Ltd. to Hold, with a price target of A$2.54. The company’s shares closed last Friday at $1.55, equals to its 52-week low of $1.55.
According to TipRanks.com, Barrows is a 2-star analyst with an average return of
Appen Ltd. has an analyst consensus of Moderate Sell, with a price target consensus of $1.40, implying a -9.7% downside from current levels. In a report issued on May 18, Bell Potter also upgraded the stock to Hold with a A$2.20 price target.
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Next Science Ltd (NXSCF)
In a report released yesterday, Elyse Shapiro from Canaccord Genuity maintained a Buy rating on Next Science Ltd, with a price target of A$0.85. The company’s shares closed last Thursday at $0.33, close to its 52-week low of $0.33.
According to TipRanks.com, Shapiro is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Next Science Ltd with a $0.51 average price target.
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