There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Consensus Cloud Solutions (CCSI – Research Report) and MarketWise (MKTW – Research Report) with bullish sentiments.
Consensus Cloud Solutions (CCSI)
In a report issued on May 12, Joe Goodwin from JMP Securities maintained a Buy rating on Consensus Cloud Solutions, with a price target of $45.00. The company’s shares closed last Friday at $33.13, close to its 52-week low of $29.62.
According to TipRanks.com, Goodwin has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Consensus Cloud Solutions is a Strong Buy with an average price target of $47.75, which is a 43.3% upside from current levels. In a report issued on May 10, Oppenheimer also maintained a Buy rating on the stock with a $50.00 price target.
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MarketWise (MKTW)
In a report issued on May 12, Devin Ryan from JMP Securities reiterated a Buy rating on MarketWise, with a price target of $5.50. The company’s shares closed last Friday at $1.82, close to its 52-week low of $1.45.
According to TipRanks.com, Ryan 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 MarketWise with a $3.83 average price target, representing a 107.0% upside. In a report issued on May 12, Needham also reiterated a Buy rating on the stock with a $3.00 price target.
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