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Analysts Offer Insights on Technology Companies: Dolby Laboratories (DLB) and AudioEye (AEYE)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Dolby Laboratories (DLBResearch Report) and AudioEye (AEYEResearch Report) with bullish sentiments.

Dolby Laboratories (DLB)

In a report released today, James Goss from Barrington reiterated a Buy rating on Dolby Laboratories, with a price target of $90.00. The company’s shares closed last Tuesday at $75.50.

According to TipRanks.com, Goss ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -5.0% and a 38.1% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class A, Paramount Global Class B, and Clear Channel Outdoor.

Dolby Laboratories has an analyst consensus of Moderate Buy, with a price target consensus of $90.00, implying a 19.2% upside from current levels. In a report released today, Rosenblatt Securities also reiterated a Buy rating on the stock with a $90.00 price target.

See the top stocks recommended by analysts >>

AudioEye (AEYE)

H.C. Wainwright analyst Scott Buck reiterated a Buy rating on AudioEye today and set a price target of $10.00. The company’s shares closed last Tuesday at $6.23.

According to TipRanks.com, Buck is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.6% and a 37.7% success rate. Buck covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Sigma Additive Solutions, and Lightpath Technologies.

Currently, the analyst consensus on AudioEye is a Moderate Buy with an average price target of $10.00.

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