Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Genpact (G – Research Report), Wallbox (WBX – Research Report) and Array Technologies (ARRY – Research Report).
Genpact (G)
Mizuho Securities analyst Sean Kennedy reiterated a Hold rating on Genpact on May 9 and set a price target of $39.00. The company’s shares closed last Monday at $33.92.
According to TipRanks.com, Kennedy is ranked #7261 out of 8841 analysts.
Currently, the analyst consensus on Genpact is a Hold with an average price target of $36.25, representing an 8.4% upside. In a report issued on May 9, BMO Capital also maintained a Hold rating on the stock with a $38.00 price target.
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Wallbox (WBX)
Robert W. Baird analyst Ben Kallo maintained a Buy rating on Wallbox on May 9 and set a price target of $5.00. The company’s shares closed last Monday at $1.42, close to its 52-week low of $1.21.
According to TipRanks.com, Kallo is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wallbox with a $4.00 average price target, which is a 183.7% upside from current levels. In a report issued on May 9, Canaccord Genuity also maintained a Buy rating on the stock with a $4.00 price target.
Array Technologies (ARRY)
In a report issued on May 10, Maheep Mandloi from Mizuho Securities reiterated a Hold rating on Array Technologies, with a price target of $16.00. The company’s shares closed last Monday at $12.66, close to its 52-week low of $10.82.
According to TipRanks.com, Mandloi is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Currently, the analyst consensus on Array Technologies is a Moderate Buy with an average price target of $18.69, which is a 44.0% upside from current levels. In a report issued on May 9, TD Cowen also maintained a Hold rating on the stock with a $16.50 price target.
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