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Analysts Offer Insights on Technology Companies: DoubleVerify Holdings (DV), Exlservice Holdings (EXLS) and Squarespace (SQSP)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on DoubleVerify Holdings (DVResearch Report), Exlservice Holdings (EXLSResearch Report) and Squarespace (SQSPResearch Report) with bullish sentiments.

DoubleVerify Holdings (DV)

In a report released today, Matthew Farrell CFA from Piper Sandler reiterated a Buy rating on DoubleVerify Holdings, with a price target of $30.00. The company’s shares closed last Tuesday at $30.57.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -4.8% and a 35.5% success rate. CFA covers the NA sector, focusing on stocks such as Spotify Technology SA, Fiverr International, and Integral Ad Science.

DoubleVerify Holdings has an analyst consensus of Strong Buy, with a price target consensus of $36.65, implying a 18.2% upside from current levels. In a report issued on April 30, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $39.00 price target.

See today’s best-performing stocks on TipRanks >>

Exlservice Holdings (EXLS)

In a report released today, Mayank Tandon from Needham reiterated a Buy rating on Exlservice Holdings, with a price target of $40.00. The company’s shares closed last Tuesday at $30.70.

According to TipRanks.com, Tandon is a 4-star analyst with an average return of 2.7% and a 44.6% success rate. Tandon covers the Technology sector, focusing on stocks such as International Money Express, SS&C Technologies Holdings, and Grid Dynamics Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Exlservice Holdings with a $36.25 average price target, representing a 20.8% upside. In a report issued on May 3, Bank of America Securities also assigned a Buy rating to the stock with a $36.50 price target.

Squarespace (SQSP)

Piper Sandler analyst Clarke Jeffries maintained a Buy rating on Squarespace today and set a price target of $45.00. The company’s shares closed last Tuesday at $36.88, close to its 52-week high of $37.91.

According to TipRanks.com, Jeffries is a 1-star analyst with an average return of -0.5% and a 47.7% success rate. Jeffries covers the Technology sector, focusing on stocks such as Aspen Technology, Inc., Tyler Technologies, and SEMrush Holdings.

Currently, the analyst consensus on Squarespace is a Moderate Buy with an average price target of $40.17, which is a 7.9% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

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