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Analysts Offer Insights on Technology Companies: Teradata (TDC), Codexis (CDXS) and Planet Labs PBC (PL)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Teradata (TDCResearch Report), Codexis (CDXSResearch Report) and Planet Labs PBC (PLResearch Report) with bullish sentiments.

Teradata (TDC)

In a report released today, Chad Bennett from Craig-Hallum maintained a Buy rating on Teradata, with a price target of $66.00. The company’s shares closed last Friday at $44.53.

According to TipRanks.com, Bennett is a 4-star analyst with an average return of 4.8% and a 52.8% success rate. Bennett covers the Technology sector, focusing on stocks such as Evolv Technologies Holdings, E2open Parent Holdings, and Varonis Systems.

Teradata has an analyst consensus of Moderate Buy, with a price target consensus of $63.00.

See the top stocks recommended by analysts >>

Codexis (CDXS)

Craig-Hallum analyst Matt Hewitt maintained a Buy rating on Codexis today. The company’s shares closed last Friday at $1.60, close to its 52-week low of $1.58.

According to TipRanks.com, Hewitt is a 3-star analyst with an average return of 1.1% and a 40.8% success rate. Hewitt covers the Healthcare sector, focusing on stocks such as Streamline Health Solutions, Champions Oncology, and BioLife Solutions.

Codexis has an analyst consensus of Strong Buy, with a price target consensus of $8.17.

Planet Labs PBC (PL)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Planet Labs PBC, with a price target of $4.00. The company’s shares closed last Friday at $2.67.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 18.5% and a 54.7% success rate. Rhee covers the Technology sector, focusing on stocks such as BlackSky Technology, Alkami Technology, and Rimini Street.

Planet Labs PBC has an analyst consensus of Strong Buy, with a price target consensus of $5.72, an 85.7% upside from current levels. In a report issued on August 29, Northland Securities also maintained a Buy rating on the stock with a $7.00 price target.

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.

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