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Analysts’ Opinions Are Mixed on These Technology Stocks: Cerence (CRNC), Kornit Digital (KRNT) and Kyndryl Holdings Incorporation (KD)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Cerence (CRNCResearch Report), Kornit Digital (KRNTResearch Report) and Kyndryl Holdings Incorporation (KDResearch Report).

Cerence (CRNC)

Craig-Hallum analyst Jeff Van Rhee assigned a Buy rating to Cerence today. The company’s shares closed last Friday at $17.47.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 11.3% and a 48.7% success rate. Rhee covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, BlackSky Technology, and Alkami Technology.

Cerence has an analyst consensus of Moderate Buy, with a price target consensus of $24.00.

See today’s best-performing stocks on TipRanks >>

Kornit Digital (KRNT)

In a report released today, Greg Palm from Craig-Hallum assigned a Hold rating to Kornit Digital. The company’s shares closed last Friday at $15.12, close to its 52-week low of $14.72.

According to TipRanks.com, Palm is a 4-star analyst with an average return of 4.9% and a 45.2% success rate. Palm covers the Technology sector, focusing on stocks such as Markforged Holding, Shapeways Holdings, and Faro Technologies.

Currently, the analyst consensus on Kornit Digital is a Moderate Buy with an average price target of $29.33.

Kyndryl Holdings Incorporation (KD)

Scotiabank analyst Divya Goyal reiterated a Buy rating on Kyndryl Holdings Incorporation today and set a price target of $25.00. The company’s shares closed last Friday at $14.74.

According to TipRanks.com, Goyal has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -17.0% and a 31.7% success rate. Goyal covers the Technology sector, focusing on stocks such as Quisitive Technology Solutions, Alithya Group, and Epam Systems.

Currently, the analyst consensus on Kyndryl Holdings Incorporation is a Moderate Buy with an average price target of $20.00.

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