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Analysts’ Top Technology Picks: AppFolio (APPF), Edgio (EGIO)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AppFolio (APPFResearch Report), Edgio (EGIOResearch Report) and NCR Atleos, LLC (NATLResearch Report) with bullish sentiments.

AppFolio (APPF)

In a report released today, Gil Luria from D.A. Davidson reiterated a Buy rating on AppFolio, with a price target of $250.00. The company’s shares closed last Tuesday at $210.98, close to its 52-week high of $211.41.

According to TipRanks.com, Luria is a 5-star analyst with an average return of 12.5% and a 65.1% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, ZoomInfo Technologies, and Palantir Technologies.

Currently, the analyst consensus on AppFolio is a Strong Buy with an average price target of $225.50, implying a 10.9% upside from current levels. In a report released today, J.P. Morgan also maintained a Buy rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

Edgio (EGIO)

Lake Street analyst Eric Martinuzzi assigned a Buy rating to Edgio today and set a price target of $1.50. The company’s shares closed last Tuesday at $0.65, close to its 52-week low of $0.45.

According to TipRanks.com, Martinuzzi is a 3-star analyst with an average return of 0.7% and a 38.1% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as CommVault Systems, Extreme Networks, and One Stop Systems.

Edgio has an analyst consensus of Moderate Buy, with a price target consensus of $1.05.

NCR Atleos, LLC (NATL)

In a report released today, Matt Summerville from D.A. Davidson maintained a Buy rating on NCR Atleos, LLC, with a price target of $25.00. The company’s shares closed last Tuesday at $24.32.

According to TipRanks.com, Summerville is a 3-star analyst with an average return of 1.7% and a 41.2% success rate. Summerville covers the Industrial Goods sector, focusing on stocks such as A. O. Smith Corporation, Franklin Electric Co, and Alta Equipment Group.

Currently, the analyst consensus on NCR Atleos, LLC is a Moderate Buy with an average price target of $25.00.

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