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Analysts Offer Insights on Technology Companies: Phunware (PHUN) and Everspin Technologies (MRAM)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Phunware (PHUNResearch Report) and Everspin Technologies (MRAMResearch Report) with bullish sentiments.

Phunware (PHUN)

Roth Capital analyst Darren Aftahi maintained a Buy rating on Phunware yesterday and set a price target of $3.25. The company’s shares closed last Thursday at $1.74, close to its 52-week low of $0.82.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 20.6% and a 42.5% success rate. Aftahi covers the Technology sector, focusing on stocks such as Argo Blockchain, Digital Turbine, and Fathom Holdings.

Phunware has an analyst consensus of Strong Buy, with a price target consensus of $4.92.

See today’s best-performing stocks on TipRanks >>

Everspin Technologies (MRAM)

Needham analyst Rajvindra Gill maintained a Buy rating on Everspin Technologies today and set a price target of $9.00. The company’s shares closed last Thursday at $6.40.

According to TipRanks.com, Gill is a 5-star analyst with an average return of 14.5% and a 61.0% success rate. Gill covers the Technology sector, focusing on stocks such as Sequans Communications S A, Smart Global Holdings, and Silicon Laboratories.

Currently, the analyst consensus on Everspin Technologies is a Moderate Buy with an average price target of $9.00.

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