There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on AXT (AXTI – Research Report) and PLAYSTUDIOS (MYPS – Research Report) with bullish sentiments.
AXT (AXTI)
In a report released today, Tim Savageaux from Northland Securities maintained a Buy rating on AXT, with a price target of $5.00. The company’s shares closed last Friday at $2.83, close to its 52-week low of $2.47.
According to TipRanks.com, Savageaux is a 5-star analyst with an average return of
AXT has an analyst consensus of Moderate Buy, with a price target consensus of $5.00.
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PLAYSTUDIOS (MYPS)
In a report released today, Greg Gibas from Northland Securities maintained a Buy rating on PLAYSTUDIOS, with a price target of $5.50. The company’s shares closed last Thursday at $4.61.
According to TipRanks.com, Gibas is ranked #398 out of 8556 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PLAYSTUDIOS with a $4.95 average price target, implying a 4.9% upside from current levels. In a report issued on July 31, Craig-Hallum also assigned a Buy rating to the stock.
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Read More on AXTI:
- AXTI Upcoming Earnings Report: What to Expect?
- AXT, Inc. Schedules Second Quarter 2023 Earnings Release for August 3, 2023
- AXT Inc. transferred with an Outperform at Northland
- China restricts exports of some minerals used in high-performance chips, WSJ says
- U.S.-China Trade War Worsens: Beijing Restricts Export of 2 Critical Metals
