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Analysts Offer Insights on Technology Companies: Logitech (LOGI), Cardlytics (CDLX) and Cepton (CPTN)

Analysts have been eager to weigh in on the Technology sector with new ratings on Logitech (LOGIResearch Report), Cardlytics (CDLXResearch Report) and Cepton (CPTNResearch Report).

Logitech (LOGI)

In a report released today, Alicia Reese from Wedbush maintained a Hold rating on Logitech, with a price target of $63.00. The company’s shares closed last Tuesday at $63.78, close to its 52-week high of $68.17.

According to TipRanks.com, Reese is a 2-star analyst with an average return of 0.7% and a 51.1% success rate. Reese covers the NA sector, focusing on stocks such as Cinemark Holdings, AMC Entertainment, and Corsair Gaming.

Currently, the analyst consensus on Logitech is a Moderate Buy with an average price target of $66.33.

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Cardlytics (CDLX)

Craig-Hallum analyst Jason Kreyer maintained a Hold rating on Cardlytics today. The company’s shares closed last Tuesday at $9.91.

According to TipRanks.com, Kreyer is a 3-star analyst with an average return of 2.7% and a 46.5% success rate. Kreyer covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Digital Media Solutions, and Integral Ad Science.

Cardlytics has an analyst consensus of Hold, with a price target consensus of $6.75.

Cepton (CPTN)

Craig-Hallum analyst Richard Shannon maintained a Buy rating on Cepton today and set a price target of $2.00. The company’s shares closed last Tuesday at $0.65, close to its 52-week low of $0.32.

According to TipRanks.com, Shannon is a 5-star analyst with an average return of 9.8% and a 48.1% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Everspin Technologies.

Currently, the analyst consensus on Cepton is a Moderate Buy with an average price target of $1.80.

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