tiprankstipranks
Blurbs

Analysts Offer Insights on Technology Companies: Sprinklr (CXM), ChargePoint Holdings (CHPT) and Formfactor (FORM)

Analysts have been eager to weigh in on the Technology sector with new ratings on Sprinklr (CXMResearch Report), ChargePoint Holdings (CHPTResearch Report) and Formfactor (FORMResearch Report).

Sprinklr (CXM)

Citi analyst Tyler Radke maintained a Hold rating on Sprinklr today and set a price target of $18.00. The company’s shares closed last Wednesday at $15.82, close to its 52-week high of $15.90.

According to TipRanks.com, Radke is a 3-star analyst with an average return of 3.1% and a 49.2% success rate. Radke covers the Technology sector, focusing on stocks such as Zoom Video Communications, Palantir Technologies, and ZoomInfo Technologies.

Sprinklr has an analyst consensus of Moderate Buy, with a price target consensus of $18.71, implying a 19.5% upside from current levels. In a report released today, Stifel Nicolaus also maintained a Hold rating on the stock with a $16.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

ChargePoint Holdings (CHPT)

Citi analyst Itay Michaeli maintained a Hold rating on ChargePoint Holdings today and set a price target of $8.25. The company’s shares closed last Wednesday at $7.06, close to its 52-week low of $6.65.

According to TipRanks.com, Michaeli ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -19.1% and a 39.3% success rate. Michaeli covers the Industrial Goods sector, focusing on stocks such as General Motors, GoodYear Tire, and Ford Motor.

Currently, the analyst consensus on ChargePoint Holdings is a Moderate Buy with an average price target of $11.75, representing a 62.3% upside. In a report released today, Fox Advisors also downgraded the stock to Hold.

Formfactor (FORM)

Citi analyst Atif Malik reiterated a Buy rating on Formfactor today. The company’s shares closed last Wednesday at $34.56, close to its 52-week high of $37.74.

According to TipRanks.com, Malik is a top 100 analyst with an average return of 29.2% and a 69.9% success rate. Malik covers the Technology sector, focusing on stocks such as Keysight Technologies, Silicon Laboratories, and Applied Materials.

Formfactor has an analyst consensus of Moderate Buy, with a price target consensus of $40.00, implying a 14.5% upside from current levels. In a report issued on September 5, Craig-Hallum also assigned a Buy rating to the stock.

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 CXM:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles