There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on GDS Holdings (GDS – Research Report) and PCTEL (PCTI – Research Report) with bullish sentiments.
GDS Holdings (GDS)
In a report issued on November 22, Frank Louthan from Raymond James reiterated a Buy rating on GDS Holdings, with a price target of $55.00. The company’s shares closed last Thursday at $14.87, close to its 52-week low of $8.41.
According to TipRanks.com, Louthan is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GDS Holdings with a $31.38 average price target, implying an 111.3% upside from current levels. In a report issued on November 23, HSBC also maintained a Buy rating on the stock with a $36.00 price target.
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PCTEL (PCTI)
In a report issued on November 4, Jaeson Schmidt from Lake Street reiterated a Buy rating on PCTEL, with a price target of $9.00. The company’s shares closed last Thursday at $4.50.
According to TipRanks.com, Schmidt is a 4-star analyst with an average return of
PCTEL has an analyst consensus of Moderate Buy, with a price target consensus of $9.00.
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