Analysts have been eager to weigh in on the Technology sector with new ratings on SmartRent (SMRT – Research Report), AvidXchange Holdings (AVDX – Research Report) and ARM Holdings PLC ADR (ARM – Research Report).
SmartRent (SMRT)
KBW analyst Ryan Tomasello maintained a Buy rating on SmartRent yesterday and set a price target of $3.50. The company’s shares closed last Wednesday at $2.31, close to its 52-week low of $2.25.
According to TipRanks.com, Tomasello is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SmartRent with a $4.27 average price target.
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AvidXchange Holdings (AVDX)
KBW analyst Sanjay Sakhrani assigned a Hold rating to AvidXchange Holdings yesterday and set a price target of $13.50. The company’s shares closed last Wednesday at $11.60.
According to TipRanks.com, Sakhrani is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AvidXchange Holdings with a $14.08 average price target.
ARM Holdings PLC ADR (ARM)
In a report released today, Andrew Gardiner from Citi reiterated a Buy rating on ARM Holdings PLC ADR, with a price target of $150.00. The company’s shares closed last Wednesday at $106.07.
Gardiner has an average return of
According to TipRanks.com, Gardiner is ranked #288 out of 8824 analysts.
Currently, the analyst consensus on ARM Holdings PLC ADR is a Moderate Buy with an average price target of $120.56, which is an 11.8% upside from current levels. In a report issued on April 29, Wells Fargo also maintained a Buy rating on the stock with a $115.00 price target.
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