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Analysts Offer Insights on Technology Companies: Forrester Research (FORR) and Adeia (ADEA)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Forrester Research (FORRResearch Report) and Adeia (ADEAResearch Report) with bullish sentiments.

Adeia (ADEA)

BWS Financial analyst Hamed Khorsand maintained a Buy rating on Adeia today and set a price target of $16.00. The company’s shares closed last Monday at $10.54.

According to TipRanks.com, Khorsand is a 5-star analyst with an average return of 10.4% and a 54.6% success rate. Khorsand covers the Technology sector, focusing on stocks such as Arlo Technologies, Ubiquiti Networks, and A10 Networks.

Currently, the analyst consensus on Adeia is a Strong Buy with an average price target of $15.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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