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Analysts Have Conflicting Sentiments on These Technology Companies: Phunware (PHUN) and Roblox (RBLX)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Phunware (PHUNResearch Report) and Roblox (RBLXResearch Report).

Phunware (PHUN)

Roth MKM analyst Darren Aftahi maintained a Buy rating on Phunware today and set a price target of $1.00. The company’s shares closed last Monday at $0.60, close to its 52-week low of $0.55.

According to TipRanks.com, Aftahi is a 4-star analyst with an average return of 7.8% and a 33.6% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine, Fathom Holdings, and Argo Blockchain.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Phunware with a $2.67 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Roblox (RBLX)

Wedbush analyst Nick McKay maintained a Hold rating on Roblox today and set a price target of $37.00. The company’s shares closed last Monday at $36.09.

According to TipRanks.com, McKay is ranked 0 out of 5 stars with an average return of -16.2% and a 31.3% success rate. McKay covers the Technology sector, focusing on stocks such as Doubledown Interactive Co, Activision Blizzard, and Electronic Arts.

Roblox has an analyst consensus of Moderate Buy, with a price target consensus of $44.36, which is a 22.7% upside from current levels. In a report released today, Roth MKM also maintained a Hold rating on the stock with a $37.00 price target.

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