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Analysts Conflicted on These Technology Names: Xperi Inc (XPER), Dropbox (DBX) and Akamai (AKAM)

Analysts have been eager to weigh in on the Technology sector with new ratings on Xperi Inc (XPERResearch Report), Dropbox (DBXResearch Report) and Akamai (AKAMResearch Report).

Xperi Inc (XPER)

Maxim Group analyst Matthew Galinko maintained a Buy rating on Xperi Inc yesterday and set a price target of $18.00. The company’s shares closed last Thursday at $10.14.

According to TipRanks.com, Galinko ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -14.3% and a 32.5% success rate. Galinko covers the Technology sector, focusing on stocks such as WISeKey International Holding, American Software, and Ondas Holdings.

Xperi Inc has an analyst consensus of Strong Buy, with a price target consensus of $21.00, a 104.1% upside from current levels. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock with a $15.00 price target.

See the top stocks recommended by analysts >>

Dropbox (DBX)

In a report released today, Michael Funk from Bank of America Securities reiterated a Sell rating on Dropbox, with a price target of $28.00. The company’s shares closed last Thursday at $23.14, close to its 52-week low of $21.19.

According to TipRanks.com, Funk is a 1-star analyst with an average return of -1.3% and a 50.0% success rate. Funk covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Zoom Video Communications, and Weave Communications.

The word on The Street in general, suggests a Hold analyst consensus rating for Dropbox with a $28.00 average price target, representing a 20.2% upside. In a report released yesterday, Goldman Sachs also reiterated a Sell rating on the stock with a $22.00 price target.

Akamai (AKAM)

In a report released today, Madeline Brooks from Bank of America Securities reiterated a Buy rating on Akamai, with a price target of $125.00. The company’s shares closed last Thursday at $102.46.

According to TipRanks.com, Brooks has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -22.2% and a 18.8% success rate. Brooks covers the Technology sector, focusing on stocks such as Cloudflare, Fastly, and Okta.

Currently, the analyst consensus on Akamai is a Moderate Buy with an average price target of $116.31, implying a 13.9% upside from current levels. In a report released yesterday, D.A. Davidson also maintained a Buy rating on the stock with a price target.

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