Analysts have been eager to weigh in on the Technology sector with new ratings on Adobe (ADBE – Research Report), Monday.com (MNDY – Research Report) and E2open Parent Holdings (ETWO – Research Report).
Adobe (ADBE)
RBC Capital analyst Matthew Swanson maintained a Buy rating on Adobe yesterday and set a price target of $615.00. The company’s shares closed last Tuesday at $532.72, close to its 52-week high of $570.24.
According to TipRanks.com, Swanson ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adobe with a $600.77 average price target, representing a 13.2% upside. In a report issued on October 5, William Blair also maintained a Buy rating on the stock.
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Monday.com (MNDY)
In a report released today, Steve Enders from Citi maintained a Buy rating on Monday.com, with a price target of $234.00. The company’s shares closed last Tuesday at $149.64.
According to TipRanks.com, Enders has 0 stars on 0-5 stars ranking scale with an average return of
Monday.com has an analyst consensus of Strong Buy, with a price target consensus of $211.40, which is a 38.9% upside from current levels. In a report issued on October 4, Tigress Financial also reiterated a Buy rating on the stock with a $240.00 price target.
E2open Parent Holdings (ETWO)
In a report released today, Andrew Obin from Bank of America Securities reiterated a Sell rating on E2open Parent Holdings, with a price target of $5.00. The company’s shares closed last Tuesday at $4.39, close to its 52-week low of $3.92.
According to TipRanks.com, Obin is a 5-star analyst with an average return of
Currently, the analyst consensus on E2open Parent Holdings is a Moderate Sell with an average price target of $5.00.
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