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Analysts Offer Insights on Technology Companies: Rumble (RUM), Couchbase (BASE) and ChargePoint Holdings (CHPT)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Rumble (RUMResearch Report), Couchbase (BASEResearch Report) and ChargePoint Holdings (CHPTResearch 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 Wednesday at $7.35, close to its 52-week low of $5.81.

According to TipRanks.com, Forte is a 5-star analyst with an average return of 14.8% and a 52.5% success rate. Forte covers the Technology sector, focusing on stocks such as CuriosityStream, Pinterest, and System1.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rumble with a $10.00 average price target.

See the top stocks recommended by analysts >>

Couchbase (BASE)

In a report released today, Rudy Kessinger from D.A. Davidson maintained a Buy rating on Couchbase, with a price target of $24.00. The company’s shares closed last Wednesday at $16.50.

According to TipRanks.com, Kessinger is a 1-star analyst with an average return of -4.6% and a 48.5% success rate. Kessinger covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, CrowdStrike Holdings, and FiscalNote Holdings.

Currently, the analyst consensus on Couchbase is a Strong Buy with an average price target of $23.00, representing a 34.8% upside. In a report issued on August 31, Robert W. Baird also maintained a Buy rating on the stock with a $23.00 price target.

ChargePoint Holdings (CHPT)

In a report released today, Matt Summerville from D.A. Davidson maintained a Buy rating on ChargePoint Holdings, with a price target of $15.00. The company’s shares closed last Wednesday at $7.06, close to its 52-week low of $6.65.

According to TipRanks.com, Summerville is a 4-star analyst with an average return of 8.8% and a 52.3% success rate. Summerville covers the Industrial Goods sector, focusing on stocks such as A. O. Smith Corporation, Alta Equipment Group, and Columbus Mckinnon.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ChargePoint Holdings with a $11.65 average price target, representing a 60.9% upside. In a report issued on August 30, J.P. Morgan also maintained a Buy rating on the stock with a $13.00 price target.

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