Analysts have been eager to weigh in on the Technology sector with new ratings on Clarivate (CLVT – Research Report), Analog Devices (ADI – Research Report) and PropertyGuru Group (PGRU – Research Report).
Clarivate (CLVT)
Bank of America Securities analyst Heather Balsky reiterated a Hold rating on Clarivate yesterday and set a price target of $8.50. The company’s shares closed last Wednesday at $7.55, close to its 52-week low of $7.16.
According to TipRanks.com, Balsky is ranked #4784 out of 8409 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Clarivate with a $12.25 average price target, representing a 61.2% upside. In a report issued on May 10, Morgan Stanley also maintained a Hold rating on the stock with a $11.00 price target.
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Analog Devices (ADI)
In a report released yesterday, Vivek Arya from Bank of America Securities reiterated a Buy rating on Analog Devices, with a price target of $205.00. The company’s shares closed last Wednesday at $173.20.
According to TipRanks.com, Arya is a top 100 analyst with an average return of
Analog Devices has an analyst consensus of Strong Buy, with a price target consensus of $211.57, a 23.4% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $210.00 price target.
PropertyGuru Group (PGRU)
In a report released today, Sachin Salgaonkar from Bank of America Securities maintained a Hold rating on PropertyGuru Group, with a price target of $6.50. The company’s shares closed last Wednesday at $4.49, close to its 52-week low of $4.03.
According to TipRanks.com, Salgaonkar is ranked #7865 out of 8409 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PropertyGuru Group with a $6.44 average price target.
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