Analysts Are Bullish on These Technology Stocks: DocGo (DCGO), Markforged Holding (MKFG)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on DocGo (DCGO – Research Report), Markforged Holding (MKFG – Research Report) and Agilysys (AGYS – Research Report) with bullish sentiments.

DocGo (DCGO)

Northland Securities analyst Michael Latimore maintained a Buy rating on DocGo today and set a price target of $16.00. The company’s shares closed last Monday at $6.00.

According to TipRanks.com, Latimore is a 5-star analyst with an average return of 14.1% and a 46.2% success rate. Latimore covers the Technology sector, focusing on stocks such as Gorilla Technology Group Inc., Evolv Technologies Holdings, and SoundHound AI, Inc Class A.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DocGo with a $13.50 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Markforged Holding (MKFG)

Craig-Hallum analyst Greg Palm maintained a Buy rating on Markforged Holding today. The company’s shares closed last Monday at $1.08.

According to TipRanks.com, Palm is a 3-star analyst with an average return of 1.6% and a 42.3% success rate. Palm covers the Technology sector, focusing on stocks such as Shapeways Holdings, Faro Technologies, and Kornit Digital.

Markforged Holding has an analyst consensus of Moderate Buy, with a price target consensus of $2.00, which is an 88.7% upside from current levels. In a report released today, Lake Street also maintained a Buy rating on the stock with a $2.00 price target.

Agilysys (AGYS)

In a report released today, George Sutton from Craig-Hallum reiterated a Buy rating on Agilysys, with a price target of $90.00. The company’s shares closed last Monday at $63.90.

According to TipRanks.com, Sutton is a 4-star analyst with an average return of 6.5% and a 44.5% success rate. Sutton covers the Technology sector, focusing on stocks such as Transact Technologies, Freightos Limited, and Par Technology.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Agilysys with a $90.00 average price target, which is a 40.0% upside from current levels. In a report released today, Oppenheimer also maintained a Buy rating on the stock with a $85.00 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.

Read More on DCGO:

• DocGo gets Health Care Staffing Services Certification from Joint Commission
• DocGo gets 5-year deal with UK’s South Central Ambulance Service, no terms
• 3 Best Stocks to Buy Now, 9/22/2023, According to Top Analysts
• Northland sees DocGo ‘posting strong results this year’
• DocGo appoints Lee Bienstock as CEO