Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Digital Turbine (APPS – Research Report), Cepton (CPTN – Research Report) and Amazon (AMZN – Research Report).
Digital Turbine (APPS)
In a report released today, Darren Aftahi from Roth MKM maintained a Hold rating on Digital Turbine, with a price target of $10.00. The company’s shares closed last Tuesday at $10.13, close to its 52-week low of $7.72.
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of
Currently, the analyst consensus on Digital Turbine is a Moderate Buy with an average price target of $11.50.
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Cepton (CPTN)
In a report released yesterday, Matthew Galinko from Maxim Group maintained a Buy rating on Cepton, with a price target of $2.00. The company’s shares closed last Tuesday at $0.72, close to its 52-week low of $0.32.
According to TipRanks.com, Galinko has 0 stars on 0-5 stars ranking scale with an average return of
Cepton has an analyst consensus of Strong Buy, with a price target consensus of $2.35, implying a 164.0% upside from current levels. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock with a $2.00 price target.
Amazon (AMZN)
In a report released yesterday, Rohit Kulkarni from Roth MKM maintained a Buy rating on Amazon, with a price target of $165.00. The company’s shares closed last Tuesday at $139.94, close to its 52-week high of $146.57.
According to TipRanks.com, Kulkarni is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $171.76 average price target, representing a 22.1% upside. In a report issued on August 4, Barclays also initiated coverage with a Buy rating on the stock with a $180.00 price target.
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Read More on APPS:
- Digital Turbine Reports Fiscal 2024 First Quarter Financial Results
- APPS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Digital Turbine call volume above normal and directionally bullish
- #SocialStocks: Canada to cease ads on Facebook and Instagram
- Digital Turbine rallied on Meta’s European plans, says B. Riley
