Analysts have been eager to weigh in on the Technology sector with new ratings on Coupang (CPNG – Research Report), Akamai (AKAM – Research Report) and Alphabet Class A (GOOGL – Research Report).
Coupang (CPNG)
In a report issued on August 9, Stanley Yang from J.P. Morgan maintained a Buy rating on Coupang, with a price target of $27.00. The company’s shares closed last Friday at $19.31.
Yang has an average return of
According to TipRanks.com, Yang is ranked #5571 out of 8549 analysts.
Currently, the analyst consensus on Coupang is a Moderate Buy with an average price target of $22.58, a 18.5% upside from current levels. In a report issued on August 9, Barclays also assigned a Buy rating to the stock with a $24.00 price target.
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Akamai (AKAM)
In a report issued on August 9, Mark Murphy from J.P. Morgan maintained a Sell rating on Akamai, with a price target of $74.00. The company’s shares closed last Friday at $104.34, close to its 52-week high of $107.47.
According to TipRanks.com, Murphy is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Akamai with a $104.38 average price target.
Alphabet Class A (GOOGL)
Needham analyst Laura Martin maintained a Buy rating on Alphabet Class A yesterday and set a price target of $140.00. The company’s shares closed last Friday at $129.56, close to its 52-week high of $133.74.
According to TipRanks.com, Martin is a 1-star analyst with an average return of
Currently, the analyst consensus on Alphabet Class A is a Strong Buy with an average price target of $149.91, implying a 16.5% upside from current levels. In a report issued on July 31, MoffettNathanson also maintained a Buy rating on the stock with a $145.00 price target.
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