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Analysts Are Bullish on These Technology Stocks: Grom Social Enterprises (GROM), Wallbox (WBX)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Grom Social Enterprises (GROMResearch Report) and Wallbox (WBXResearch Report) with bullish sentiments.

Grom Social Enterprises (GROM)

EF Hutton analyst Edward Reilly maintained a Buy rating on Grom Social Enterprises yesterday and set a price target of $1.00. The company’s shares closed last Tuesday at $0.64, close to its 52-week low of $0.55.

According to TipRanks.com, Reilly is ranked 0 out of 5 stars with an average return of -27.0% and a 21.9% success rate. Reilly covers the Services sector, focusing on stocks such as Direct Digital Holdings, IDW Media Holdings, and Stran & Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Grom Social Enterprises with a $1.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Wallbox (WBX)

Chardan Capital analyst Brian Dobson maintained a Buy rating on Wallbox yesterday and set a price target of $12.00. The company’s shares closed last Tuesday at $3.52, close to its 52-week low of $3.14.

According to TipRanks.com, Dobson has 0 stars on 0-5 stars ranking scale with an average return of -18.4% and a 28.4% success rate. Dobson covers the Technology sector, focusing on stocks such as Marathon Digital Holdings, Presto Automation, and Freightos Limited.

Wallbox has an analyst consensus of Strong Buy, with a price target consensus of $9.75.

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