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Analysts Offer Insights on Technology Companies: Adeia (ADEA), Airbus Group SE (OtherEADSF) and Cars (CARS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Adeia (ADEAResearch Report), Airbus Group SE (EADSFResearch Report) and Cars (CARSResearch Report).

Adeia (ADEA)

In a report released today, Hamed Khorsand from BWS Financial maintained a Buy rating on Adeia, with a price target of $16.00. The company’s shares closed last Tuesday at $8.03.

According to TipRanks.com, Khorsand is a 5-star analyst with an average return of 10.3% and a 54.4% success rate. Khorsand covers the Technology sector, focusing on stocks such as Shenandoah Telecommunications Co, Iridium Communications, and ATN International.

Adeia has an analyst consensus of Strong Buy, with a price target consensus of $15.00, a 102.7% upside from current levels. In a report released yesterday, Maxim Group also maintained a Buy rating on the stock with a $14.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Airbus Group SE (EADSF)

Deutsche Bank analyst Christophe Menard maintained a Hold rating on Airbus Group SE today and set a price target of EUR125.00. The company’s shares closed last Tuesday at $132.35, close to its 52-week high of $142.20.

According to TipRanks.com, Menard is ranked #1283 out of 8370 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Airbus Group SE with a $148.61 average price target, a 13.9% upside from current levels. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a EUR130.00 price target.

Cars (CARS)

Barrington analyst Gary Prestopino maintained a Buy rating on Cars today and set a price target of $25.00. The company’s shares closed last Tuesday at $18.13.

According to TipRanks.com, Prestopino is a top 100 analyst with an average return of 24.2% and a 53.5% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Standex International, and Methode Electronics.

Cars has an analyst consensus of Strong Buy, with a price target consensus of $23.67, implying a 32.1% upside from current levels. In a report issued on May 4, BTIG also maintained a Buy rating on the stock with a $23.00 price target.

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