There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Phunware (PHUN – Research Report), DigitalBridge Group (DBRG – Research Report) and HIVE Blockchain Technologies (HIVE – Research Report) with bullish sentiments.
Phunware (PHUN)
In a report released today, Scott Buck from H.C. Wainwright maintained a Buy rating on Phunware, with a price target of $1.00. The company’s shares closed last Friday at $0.35, close to its 52-week low of $0.33.
According to TipRanks.com, Buck ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Phunware has an analyst consensus of Strong Buy, with a price target consensus of $1.92, which is a 448.6% upside from current levels. In a report issued on August 11, Roth MKM also maintained a Buy rating on the stock with a $0.50 price target.
See today’s best-performing stocks on TipRanks >>
DigitalBridge Group (DBRG)
RBC Capital analyst Jonathan Atkin initiated coverage with a Buy rating on DigitalBridge Group on August 11 and set a price target of $25.00. The company’s shares closed last Friday at $17.16.
According to TipRanks.com, Atkin is a top 100 analyst with an average return of
Currently, the analyst consensus on DigitalBridge Group is a Strong Buy with an average price target of $21.25, a 27.2% upside from current levels. In a report issued on August 7, Raymond James also maintained a Buy rating on the stock with a $25.00 price target.
HIVE Blockchain Technologies (HIVE)
H.C. Wainwright analyst Mike Colonnese reiterated a Buy rating on HIVE Blockchain Technologies today and set a price target of $7.00. The company’s shares closed last Friday at $4.68.
According to TipRanks.com, Colonnese is a 5-star analyst with an average return of
HIVE Blockchain Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $7.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on PHUN:
- Phunware reports Q2 EPS (6c), consensus (6c)
- Phunware options imply 13.0% move in share price post-earnings
- PHUN Upcoming Earnings Report: What to Expect?
- Phunware partners with MKT Consulting for high-rise in Houston
- Phunware Partners With MKT Consulting to Digitally Transform Resident Experience at New Luxury High-Rise in Houston
