There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Desktop Metal (DM – Research Report) and Varonis Systems (VRNS – Research Report) with bullish sentiments.
Desktop Metal (DM)
Craig-Hallum analyst George Sutton maintained a Buy rating on Desktop Metal today. The company’s shares closed last Monday at $1.59.
According to TipRanks.com, Sutton is a 5-star analyst with an average return of
Desktop Metal has an analyst consensus of Moderate Buy, with a price target consensus of $1.60.
See today’s best-performing stocks on TipRanks >>
Varonis Systems (VRNS)
In a report released today, Chad Bennett from Craig-Hallum maintained a Buy rating on Varonis Systems. The company’s shares closed last Monday at $31.57, close to its 52-week high of $32.64.
According to TipRanks.com, Bennett is a 4-star analyst with an average return of
Varonis Systems has an analyst consensus of Moderate Buy, with a price target consensus of $34.87.
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Read More on DM:
- Stratasys urges shareholders to vote for Desktop Metal merger agreement
- Unusually active option classes on open August 31st
- 3D Systems, Stratasys jump as Apple said to test 3D printer use
- Short Report: Bearish bets on Fisker hit record after Q2 results
- Desktop Metal backs FY23 revenue view $210M-$260M, consensus $223.4M
