Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Novanta (NOVT – Research Report), Health Catalyst (HCAT – Research Report) and Matterport (MTTR – Research Report).
Novanta (NOVT)
In a report released yesterday, Andrew Buscaglia from Berenberg Bank maintained a Hold rating on Novanta, with a price target of $132.00. The company’s shares closed last Tuesday at $157.56.
According to TipRanks.com, Buscaglia is a 1-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Novanta with a $141.00 average price target, implying a -7.6% downside from current levels. In a report issued on August 10, Robert W. Baird also maintained a Hold rating on the stock with a $150.00 price target.
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Health Catalyst (HCAT)
In a report released yesterday, Dev Weerasuriya from Berenberg Bank maintained a Buy rating on Health Catalyst, with a price target of $17.00. The company’s shares closed last Tuesday at $12.71, close to its 52-week low of $10.95.
According to TipRanks.com, Weerasuriya is a 4-star analyst with an average return of
Currently, the analyst consensus on Health Catalyst is a Moderate Buy with an average price target of $18.86, which is a 41.9% upside from current levels. In a report issued on August 5, BTIG also maintained a Buy rating on the stock with a $25.00 price target.
Matterport (MTTR)
Berenberg Bank analyst Justin Ages maintained a Buy rating on Matterport yesterday and set a price target of $9.00. The company’s shares closed last Tuesday at $5.81, close to its 52-week low of $3.51.
According to TipRanks.com, Ages is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Matterport with a $7.67 average price target, representing a 32.7% upside. In a report issued on August 11, Piper Sandler also maintained a Buy rating on the stock with a $7.00 price target.
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