Analysts have been eager to weigh in on the Technology sector with new ratings on Trade Desk (TTD – Research Report), Materialise (MTLS – Research Report) and Jumia Technologies AG (JMIA – Research Report).
Trade Desk (TTD)
Stifel Nicolaus analyst Mark Kelley maintained a Buy rating on Trade Desk on February 17 and set a price target of $73.00. The company’s shares closed last Friday at $60.30.
According to TipRanks.com, Kelley is a top 100 analyst with an average return of
Currently, the analyst consensus on Trade Desk is a Moderate Buy with an average price target of $68.33, representing a 10.0% upside. In a report issued on February 2, Needham also maintained a Buy rating on the stock with a $65.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Materialise (MTLS)
In a report issued on February 17, Noelle Dilts from Stifel Nicolaus maintained a Buy rating on Materialise, with a price target of $13.50. The company’s shares closed last Friday at $9.09, close to its 52-week low of $8.34.
According to TipRanks.com, Dilts is a 4-star analyst with an average return of
Currently, the analyst consensus on Materialise is a Moderate Buy with an average price target of $12.50, representing a 37.1% upside. In a report issued on February 2, Lake Street also reiterated a Buy rating on the stock with a $19.00 price target.
Jumia Technologies AG (JMIA)
Stifel Nicolaus analyst Lamont Williams maintained a Hold rating on Jumia Technologies AG on February 17 and set a price target of $5.00. The company’s shares closed last Friday at $3.60, close to its 52-week low of $2.92.
According to TipRanks.com, Williams is ranked #5051 out of 8343 analysts.
Currently, the analyst consensus on Jumia Technologies AG is a Hold with an average price target of $5.00.
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.
Read More on TTD:
- Trade Desk price target raised to $76 from $60 at Citi
- Trade Desk price target raised to $58 from $50 at Morgan Stanley
- Trade Desk price target raised to $76 from $56 at DA Davidson
- Trade Desk price target raised to $75 from $60 at Oppenheimer
- Trade Desk price target raised to $68 from $65 at Needham
