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Analysts Are Bullish on Top Technology Stocks: Wix (WIX), OppFi (OPFI)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Wix (WIXResearch Report), OppFi (OPFIResearch Report) and Kaltura (KLTRResearch Report) with bullish sentiments.

Wix (WIX)

JMP Securities analyst Andrew Boone maintained a Buy rating on Wix yesterday and set a price target of $100.00. The company’s shares closed last Thursday at $83.69.

According to TipRanks.com, Boone ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -27.3% and a 17.7% success rate. Boone covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Fiverr International, and Alphabet Class A.

Currently, the analyst consensus on Wix is a Strong Buy with an average price target of $101.57, a 24.9% upside from current levels. In a report issued on November 1, Jefferies also maintained a Buy rating on the stock with a $100.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

OppFi (OPFI)

JMP Securities analyst David Scharf maintained a Buy rating on OppFi yesterday and set a price target of $3.00. The company’s shares closed last Thursday at $2.04, close to its 52-week low of $1.87.

According to TipRanks.com, Scharf is a 5-star analyst with an average return of 9.5% and a 50.4% success rate. Scharf covers the Financial sector, focusing on stocks such as International Money Express, Bread Financial Holdings, and Enova International.

Currently, the analyst consensus on OppFi is a Moderate Buy with an average price target of $3.50, representing a 59.1% upside. In a report issued on October 26, Needham also maintained a Buy rating on the stock with a $4.00 price target.

Kaltura (KLTR)

JMP Securities analyst Patrick Walravens maintained a Buy rating on Kaltura yesterday and set a price target of $5.00. The company’s shares closed last Thursday at $1.84, close to its 52-week low of $1.32.

According to TipRanks.com, Walravens is ranked 0 out of 5 stars with an average return of -4.0% and a 34.6% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Qualtrics International, and DigitalOcean Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kaltura with a $4.50 average price target, a 150.0% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $6.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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