There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Activision Blizzard (ATVI – Research Report) and Ubiquiti Networks (UI – Research Report) with bullish sentiments.
Activision Blizzard (ATVI)
Truist Financial analyst Matthew Thornton maintained a Buy rating on Activision Blizzard today and set a price target of $84.00. The company’s shares closed last Wednesday at $78.21.
According to TipRanks.com, Thornton is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Activision Blizzard with a $92.77 average price target, which is a 7.0% upside from current levels. In a report issued on April 24, Wedbush also maintained a Buy rating on the stock with a $95.00 price target.
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Ubiquiti Networks (UI)
BWS Financial analyst Hamed Khorsand maintained a Buy rating on Ubiquiti Networks today and set a price target of $375.00. The company’s shares closed last Wednesday at $236.46, close to its 52-week low of $218.15.
According to TipRanks.com, Khorsand is a 5-star analyst with an average return of
Ubiquiti Networks has an analyst consensus of Hold, with a price target consensus of $320.50.
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