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Analysts Offer Insights on Technology Companies: Trade Desk (TTD), NeoGames (NGMS) and CyberArk Software (CYBR)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Trade Desk (TTDResearch Report), NeoGames (NGMSResearch Report) and CyberArk Software (CYBRResearch Report).

Trade Desk (TTD)

The company’s shares closed last Friday at $74.62.

According to TipRanks.com, Squali is a 5-star analyst with an average return of 17.6% and a 57.0% success rate. Squali covers the Technology sector, focusing on stocks such as NerdWallet, Inc. Class A, DoubleVerify Holdings, and IAC/InteractiveCorp.

Currently, the analyst consensus on Trade Desk is a Moderate Buy with an average price target of $88.53, representing a 15.7% upside. In a report issued on July 28, BTIG also upgraded the stock to Buy with a $103.00 price target.

See the top stocks recommended by analysts >>

NeoGames (NGMS)

The company’s shares closed last Friday at $27.11, close to its 52-week high of $27.77.

According to TipRanks.com, Jonas is a 5-star analyst with an average return of 13.3% and a 48.5% success rate. Jonas covers the NA sector, focusing on stocks such as Bally’s Corporation, Gaming and Leisure, and Red Rock Resorts.

The word on The Street in general, suggests a Hold analyst consensus rating for NeoGames with a $29.50 average price target, representing a 9.7% upside. In a report issued on August 10, Deutsche Bank also downgraded the stock to Hold with a $29.50 price target.

CyberArk Software (CYBR)

Siddiqui has an average return of 8.4% when recommending CyberArk Software.

According to TipRanks.com, Siddiqui is ranked #5186 out of 8549 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CyberArk Software with a $185.81 average price target, which is a 15.6% upside from current levels. In a report issued on August 2, Robert W. Baird also maintained a Buy rating on the stock with a $182.00 price target.

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