There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Freightos Limited (CRGO – Research Report), Kenvue, Inc. (KVUE – Research Report) and Wix (WIX – Research Report) with bullish sentiments.
Freightos Limited (CRGO)
In a report released today, Brian Dobson from Chardan Capital reiterated a Buy rating on Freightos Limited, with a price target of $11.00. The company’s shares closed last Friday at $2.01, close to its 52-week low of $1.85.
According to TipRanks.com, Dobson is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on Freightos Limited is a Moderate Buy with an average price target of $8.50, implying a 325.0% upside from current levels. In a report issued on May 24, Craig-Hallum also maintained a Buy rating on the stock with a $6.00 price target.
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Kenvue, Inc. (KVUE)
J.P. Morgan analyst Andrea Faria Teixeira initiated coverage with a Buy rating on Kenvue, Inc. today and set a price target of $29.00. The company’s shares closed last Friday at $26.30.
According to TipRanks.com, Teixeira is a 1-star analyst with an average return of
Kenvue, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $28.57, implying an 8.1% upside from current levels. In a report released today, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $30.00 price target.
Wix (WIX)
In a report released today, Clarke Jeffries from Piper Sandler reiterated a Buy rating on Wix, with a price target of $120.00. The company’s shares closed last Friday at $77.65.
According to TipRanks.com, Jeffries is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wix with a $107.53 average price target, representing a 40.2% upside. In a report issued on May 17, Evercore ISI also maintained a Buy rating on the stock with a $120.00 price target.
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