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Analysts Offer Insights on Technology Companies: Dassault Systemes SA (OtherDASTY) and Confluent (CFLT)

Analysts have been eager to weigh in on the Technology sector with new ratings on Dassault Systemes SA (DASTYResearch Report) and Confluent (CFLTResearch Report).

Dassault Systemes SA (DASTY)

J.P. Morgan analyst Toby Ogg maintained a Sell rating on Dassault Systemes SA today and set a price target of EUR30.00. The company’s shares closed last Friday at $37.35.

According to TipRanks.com, Ogg is ranked #5735 out of 8253 analysts.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Dassault Systemes SA with a $38.76 average price target.

See the top stocks recommended by analysts >>

Confluent (CFLT)

In a report issued on January 6, Pinjalim Bora from J.P. Morgan maintained a Hold rating on Confluent, with a price target of $19.00. The company’s shares closed last Friday at $18.19, close to its 52-week low of $16.48.

According to TipRanks.com, Bora is a 1-star analyst with an average return of -5.6% and a 32.3% success rate. Bora covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Coupa Software, and Pure Storage.

Confluent has an analyst consensus of Moderate Buy, with a price target consensus of $32.50, representing an 81.7% upside. In a report issued on January 6, Scotiabank also downgraded the stock to Hold with a $21.00 price target.

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