There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Rumble (RUM – Research Report) and Allego (ALLG – Research Report) with bullish sentiments.
Rumble (RUM)
In a report released today, Tom Forte from D.A. Davidson reiterated a Buy rating on Rumble, with a price target of $10.00. The company’s shares closed last Friday at $7.02, close to its 52-week low of $5.81.
According to TipRanks.com, Forte is a 5-star analyst with an average return of
Rumble has an analyst consensus of Moderate Buy, with a price target consensus of $10.00.
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Allego (ALLG)
D.A. Davidson analyst Matt Summerville maintained a Buy rating on Allego today and set a price target of $7.50. The company’s shares closed last Friday at $2.38, close to its 52-week low of $1.85.
According to TipRanks.com, Summerville is a 4-star analyst with an average return of
Currently, the analyst consensus on Allego is a Moderate Buy with an average price target of $7.75.
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