Analysts have been eager to weigh in on the Technology sector with new ratings on 8X8 (EGHT – Research Report), TaskUs (TASK – Research Report) and Shift4 Payments (FOUR – Research Report).
8X8 (EGHT)
Robert W. Baird analyst William Power maintained a Hold rating on 8X8 yesterday and set a price target of $3.00. The company’s shares closed last Thursday at $2.81.
According to TipRanks.com, Power is a 5-star analyst with an average return of
8X8 has an analyst consensus of Hold, with a price target consensus of $3.20, which is a 32.2% upside from current levels. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $3.00 price target.
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TaskUs (TASK)
In a report issued on May 8, David Koning from Robert W. Baird maintained a Buy rating on TaskUs, with a price target of $14.00. The company’s shares closed last Thursday at $13.32.
According to TipRanks.com, Koning is a 4-star analyst with an average return of
TaskUs has an analyst consensus of Moderate Buy, with a price target consensus of $14.43.
Shift4 Payments (FOUR)
KBW analyst Sanjay Sakhrani maintained a Buy rating on Shift4 Payments yesterday and set a price target of $85.00. The company’s shares closed last Thursday at $61.03.
According to TipRanks.com, Sakhrani is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Shift4 Payments with a $89.29 average price target, representing a 58.0% upside. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $80.00 price target.
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