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Analysts’ Top Technology Picks: Lightpath Technologies (LPTH), Compass (COMP)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Lightpath Technologies (LPTHResearch Report), Compass (COMPResearch Report) and Doximity (DOCSResearch Report) with bullish sentiments.

Lightpath Technologies (LPTH)

H.C. Wainwright analyst Scott Buck maintained a Buy rating on Lightpath Technologies today and set a price target of $2.00. The company’s shares closed last Thursday at $1.02, close to its 52-week low of $1.00.

According to TipRanks.com, Buck has 0 stars on 0-5 stars ranking scale with an average return of -10.2% and a 33.4% success rate. Buck covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Intellicheck Mobilisia, and NexTech AR Solutions.

Currently, the analyst consensus on Lightpath Technologies is a Moderate Buy with an average price target of $2.00.

See the top stocks recommended by analysts >>

Compass (COMP)

In a report released today, Bernie McTernan from Needham maintained a Buy rating on Compass, with a price target of $5.00. The company’s shares closed last Thursday at $2.43, close to its 52-week low of $1.84.

According to TipRanks.com, McTernan is ranked 0 out of 5 stars with an average return of -18.5% and a 30.0% success rate. McTernan covers the Services sector, focusing on stocks such as Rush Street Interactive, Penn National Gaming, and Peloton Interactive.

Compass has an analyst consensus of Moderate Buy, with a price target consensus of $4.94.

Doximity (DOCS)

Berenberg Bank analyst Dev Weerasuriya reiterated a Buy rating on Doximity today and set a price target of $42.00. The company’s shares closed last Thursday at $26.33, close to its 52-week low of $22.91.

According to TipRanks.com, Weerasuriya has 0 stars on 0-5 stars ranking scale with an average return of -15.0% and a 30.0% success rate. Weerasuriya covers the Technology sector, focusing on stocks such as Health Catalyst, Omnicell, and Accolade.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Doximity with a $37.89 average price target, implying a 47.4% upside from current levels. In a report issued on October 31, Wells Fargo also initiated coverage with a Buy rating on the stock with a $38.00 price target.

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