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Analysts’ Opinions Are Mixed on These Technology Stocks: Epam Systems (EPAM), Coherent Corp (COHR) and DoorDash (DASH)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Epam Systems (EPAMResearch Report), Coherent Corp (COHRResearch Report) and DoorDash (DASHResearch Report).

Epam Systems (EPAM)

J.P. Morgan analyst Puneet Jain maintained a Buy rating on Epam Systems on May 8 and set a price target of $296.00. The company’s shares closed last Tuesday at $231.34, close to its 52-week low of $223.65.

According to TipRanks.com, Jain has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -19.2% and a 23.2% success rate. Jain covers the Technology sector, focusing on stocks such as Grid Dynamics Holdings, Exlservice Holdings, and CI&T.

Currently, the analyst consensus on Epam Systems is a Strong Buy with an average price target of $330.45, a 43.7% upside from current levels. In a report issued on April 28, Morgan Stanley also maintained a Buy rating on the stock with a $385.00 price target.

See the top stocks recommended by analysts >>

Coherent Corp (COHR)

Benchmark Co. analyst Mark Miller maintained a Buy rating on Coherent Corp today and set a price target of $58.00. The company’s shares closed last Tuesday at $31.90, close to its 52-week low of $29.90.

According to TipRanks.com, Miller is a 5-star analyst with an average return of 16.1% and a 55.0% success rate. Miller covers the Technology sector, focusing on stocks such as Western Digital, Advanced Energy, and Onto Innovation.

Currently, the analyst consensus on Coherent Corp is a Strong Buy with an average price target of $50.57, which is a 63.7% upside from current levels. In a report issued on May 8, Deutsche Bank also maintained a Buy rating on the stock with a $45.00 price target.

DoorDash (DASH)

In a report issued on May 5, Doug Anmuth from J.P. Morgan maintained a Hold rating on DoorDash, with a price target of $78.00. The company’s shares closed last Tuesday at $67.30.

According to TipRanks.com, Anmuth is a 5-star analyst with an average return of 14.1% and a 58.2% success rate. Anmuth covers the Technology sector, focusing on stocks such as Spotify Technology SA, Fiverr International, and Alphabet Class A.

DoorDash has an analyst consensus of Moderate Buy, with a price target consensus of $77.90, representing a 17.2% upside. In a report issued on April 20, Roth MKM also initiated coverage with a Hold rating on the stock with a $72.00 price target.

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