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Analysts’ Opinions Are Mixed on These Technology Stocks: Trade Desk (TTD), Rapid7 (RPD) and NeoGames (NGMS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Trade Desk (TTDResearch Report), Rapid7 (RPDResearch Report) and NeoGames (NGMSResearch Report).

Trade Desk (TTD)

In a report released yesterday, Mark Kelley from Stifel Nicolaus maintained a Buy rating on Trade Desk, with a price target of $75.00. The company’s shares closed last Friday at $67.67.

According to TipRanks.com, Kelley is a top 100 analyst with an average return of 38.0% and a 78.5% success rate. Kelley covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Tremor International, and Integral Ad Science.

Currently, the analyst consensus on Trade Desk is a Moderate Buy with an average price target of $72.08, an 8.4% upside from current levels. In a report issued on May 24, Citi also maintained a Buy rating on the stock with a $78.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Rapid7 (RPD)

In a report released yesterday, Brad Reback from Stifel Nicolaus maintained a Buy rating on Rapid7, with a price target of $52.00. The company’s shares closed last Friday at $48.85.

According to TipRanks.com, Reback is a 5-star analyst with an average return of 13.4% and a 58.6% success rate. Reback covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, CrowdStrike Holdings, and Tenable Holdings.

Rapid7 has an analyst consensus of Moderate Buy, with a price target consensus of $48.90.

NeoGames (NGMS)

In a report released yesterday, Jeffrey Stantial from Stifel Nicolaus upgraded NeoGames to Hold, with a price target of $29.50. The company’s shares closed last Friday at $27.27, close to its 52-week high of $27.77.

According to TipRanks.com, Stantial is a 2-star analyst with an average return of 1.0% and a 37.2% success rate. Stantial covers the Technology sector, focusing on stocks such as International Game Technology, Light & Wonder, and DraftKings.

NeoGames has an analyst consensus of Hold, with a price target consensus of $26.80, implying a -1.7% downside from current levels. In a report issued on May 15, Truist Financial also downgraded the stock to Hold with a $29.50 price target.

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