There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on PubMatic (PUBM – Research Report) and Twilio (TWLO – Research Report) with bullish sentiments.
PubMatic (PUBM)
In a report released yesterday, Andrew Boone from JMP Securities maintained a Buy rating on PubMatic, with a price target of $17.00. The company’s shares closed last Wednesday at $12.30, close to its 52-week low of $11.73.
According to TipRanks.com, Boone is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PubMatic with a $17.80 average price target, implying a 22.9% upside from current levels. In a report issued on August 1, Raymond James also maintained a Buy rating on the stock with a $22.00 price target.
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Twilio (TWLO)
JMP Securities analyst Patrick Walravens maintained a Buy rating on Twilio yesterday and set a price target of $110.00. The company’s shares closed last Wednesday at $59.69.
According to TipRanks.com, Walravens is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Twilio with a $67.07 average price target, implying a 4.6% upside from current levels. In a report issued on July 28, Wolfe Research also maintained a Buy rating on the stock with a $65.00 price target.
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