There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Makemytrip (MMYT – Research Report) and Spotify Technology SA (SPOT – Research Report) with bullish sentiments.
Makemytrip (MMYT)
In a report released today, Sachin Salgaonkar from Bank of America Securities maintained a Buy rating on Makemytrip, with a price target of $40.00. The company’s shares closed last Thursday at $25.33.
According to TipRanks.com, Salgaonkar is ranked #7910 out of 8367 analysts.
Makemytrip has an analyst consensus of Moderate Buy, with a price target consensus of $38.50.
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Spotify Technology SA (SPOT)
Bank of America Securities analyst Jessica Reif Cohen reiterated a Buy rating on Spotify Technology SA today and set a price target of $143.00. The company’s shares closed last Thursday at $123.93.
According to TipRanks.com, Cohen is a 1-star analyst with an average return of
Spotify Technology SA has an analyst consensus of Moderate Buy, with a price target consensus of $134.00, a 5.5% upside from current levels. In a report released yesterday, Raymond James also maintained a Buy rating on the stock.
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