There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Couchbase (BASE – Research Report) and Skillsoft (SKIL – Research Report) with bullish sentiments.
Couchbase (BASE)
In a report released today, Rudy Kessinger from D.A. Davidson reiterated a Buy rating on Couchbase, with a price target of $24.00. The company’s shares closed last Tuesday at $22.23, close to its 52-week high of $22.50.
According to TipRanks.com, Kessinger is a 1-star analyst with an average return of
Couchbase has an analyst consensus of Strong Buy, with a price target consensus of $21.88, representing a -1.4% downside. In a report issued on June 5, RBC Capital also maintained a Buy rating on the stock with a $25.00 price target.
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Skillsoft (SKIL)
D.A. Davidson analyst Robert Simmons, CFA reiterated a Buy rating on Skillsoft today and set a price target of $3.00. The company’s shares closed last Tuesday at $1.68, close to its 52-week low of $1.03.
According to TipRanks.com, CFA is a 3-star analyst with an average return of
Currently, the analyst consensus on Skillsoft is a Moderate Buy with an average price target of $2.95, which is a 75.6% upside from current levels. In a report released today, Barclays also assigned a Buy rating to the stock with a $2.90 price target.
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