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Analysts Offer Insights on Technology Companies: Cellebrite DI (CLBT), Immersion (IMMR) and ODDITY Tech Ltd. Class A (ODD)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Cellebrite DI (CLBTResearch Report), Immersion (IMMRResearch Report) and ODDITY Tech Ltd. Class A (ODDResearch Report).

Cellebrite DI (CLBT)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Cellebrite DI. The company’s shares closed last Monday at $7.68, close to its 52-week high of $8.15.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 17.7% and a 52.5% success rate. Rhee covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, BlackSky Technology, and Alkami Technology.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cellebrite DI with a $8.50 average price target, implying a 10.4% upside from current levels. In a report issued on August 8, J.P. Morgan also maintained a Buy rating on the stock with a $10.00 price target.

See the top stocks recommended by analysts >>

Immersion (IMMR)

BWS Financial analyst Hamed Khorsand maintained a Buy rating on Immersion today and set a price target of $11.00. The company’s shares closed last Monday at $7.44.

According to TipRanks.com, Khorsand is a 5-star analyst with an average return of 9.3% and a 53.2% success rate. Khorsand covers the Technology sector, focusing on stocks such as Arlo Technologies, A10 Networks, and Xperi Inc.

Immersion has an analyst consensus of Moderate Buy, with a price target consensus of $10.50, which is a 51.1% upside from current levels. In a report released today, Craig-Hallum also reiterated a Buy rating on the stock with a $10.00 price target.

ODDITY Tech Ltd. Class A (ODD)

ODDITY Tech Ltd. Class A received a Hold rating and a $57.00 price target from Morgan Stanley analyst Dara Mohsenian today. The company’s shares closed last Monday at $50.80.

According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of 9.0% and a 66.0% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Energizer Holdings, and Keurig Dr Pepper.

The word on The Street in general, suggests a Hold analyst consensus rating for ODDITY Tech Ltd. Class A with a $59.20 average price target, representing a 13.0% upside. In a report released yesterday, Goldman Sachs also initiated coverage with a Hold rating on the stock with a $59.00 price target.

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