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Analysts’ Opinions Are Mixed on These Technology Stocks: Skillz (SKLZ), Informatica (INFA) and Varonis Systems (VRNS)

Analysts have been eager to weigh in on the Technology sector with new ratings on Skillz (SKLZResearch Report), Informatica (INFAResearch Report) and Varonis Systems (VRNSResearch Report).

Skillz (SKLZ)

BTIG analyst Clark Lampen upgraded Skillz to Hold today. The company’s shares closed last Friday at $4.82.

According to TipRanks.com, Lampen has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -12.0% and a 39.1% success rate. Lampen covers the Technology sector, focusing on stocks such as Genius Sports Limited, Playtika Holding, and Unity Software.

Skillz has an analyst consensus of Moderate Buy, with a price target consensus of $14.00.

See Insiders’ Hot Stocks on TipRanks >>

Informatica (INFA)

RBC Capital analyst Dan Bergstrom maintained a Buy rating on Informatica yesterday and set a price target of $24.00. The company’s shares closed last Friday at $20.42.

According to TipRanks.com, Bergstrom is a 4-star analyst with an average return of 17.1% and a 63.4% success rate. Bergstrom covers the Technology sector, focusing on stocks such as CommVault Systems, Verint Systems, and Check Point.

Currently, the analyst consensus on Informatica is a Moderate Buy with an average price target of $22.38.

Varonis Systems (VRNS)

RBC Capital analyst Matthew Hedberg maintained a Buy rating on Varonis Systems yesterday and set a price target of $40.00. The company’s shares closed last Friday at $32.22, close to its 52-week high of $34.17.

According to TipRanks.com, Hedberg is a 1-star analyst with an average return of -1.5% and a 45.9% success rate. Hedberg covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Altair Engineering, and Palo Alto Networks.

Varonis Systems has an analyst consensus of Moderate Buy, with a price target consensus of $35.67, representing an 8.1% upside. In a report issued on October 13, Barclays also upgraded the stock to Buy with a $37.00 price target.

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