Analysts Have Conflicting Sentiments on These Technology Companies: BlackBerry (BB), Clarivate (CLVT) and UiPath (PATH)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on BlackBerry (BB – Research Report), Clarivate (CLVT – Research Report) and UiPath (PATH – Research Report).

BlackBerry (BB)

RBC Capital analyst Paul Treiber maintained a Hold rating on BlackBerry today and set a price target of $6.00. The company’s shares closed last Tuesday at $5.09, close to its 52-week low of $4.70.

According to TipRanks.com, Treiber is a 5-star analyst with an average return of 6.7% and a 55.3% success rate. Treiber covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Enghouse Systems, and Sierra Wireless.

BlackBerry has an analyst consensus of Hold, with a price target consensus of $6.00, which is a 18.8% upside from current levels. In a report released today, Canaccord Genuity also maintained a Hold rating on the stock with a $5.00 price target.

See the top stocks recommended by analysts >>

Clarivate (CLVT)

RBC Capital analyst Ashish Sabadra maintained a Buy rating on Clarivate today and set a price target of $13.00. The company’s shares closed last Tuesday at $9.49, close to its 52-week low of $9.44.

According to TipRanks.com, Sabadra is a 1-star analyst with an average return of -1.6% and a 37.3% success rate. Sabadra covers the Services sector, focusing on stocks such as HireRight Holdings Corp, Vivint Smart Home, and ARAMARK Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Clarivate with a $15.86 average price target, a 58.6% upside from current levels. In a report issued on September 13, Morgan Stanley also maintained a Buy rating on the stock with a $15.00 price target.

UiPath (PATH)

In a report released today, Matthew Hedberg from RBC Capital maintained a Hold rating on UiPath, with a price target of $16.00. The company’s shares closed last Tuesday at $13.44, close to its 52-week low of $12.21.

According to TipRanks.com, Hedberg is ranked 0 out of 5 stars with an average return of -14.4% and a 27.1% success rate. Hedberg covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Altair Engineering.

Currently, the analyst consensus on UiPath is a Moderate Buy with an average price target of $18.08.

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