There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Stratasys (SSYS – Research Report), IMPINJ (PI – Research Report) and PLAYSTUDIOS (MYPS – Research Report) with bullish sentiments.
Stratasys (SSYS)
In a report released today, Jacob Stephan from Lake Street maintained a Buy rating on Stratasys, with a price target of $17.00. The company’s shares closed last Tuesday at $11.58, close to its 52-week low of $11.04.
According to TipRanks.com, Stephan is ranked #5911 out of 8565 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Stratasys with a $17.00 average price target, implying a 50.0% upside from current levels. In a report issued on October 10, Craig-Hallum also maintained a Buy rating on the stock.
See Insiders’ Hot Stocks on TipRanks >>
IMPINJ (PI)
In a report released today, Troy Jensen from Lake Street assigned a Buy rating to IMPINJ, with a price target of $90.00. The company’s shares closed last Tuesday at $53.07, close to its 52-week low of $48.86.
According to TipRanks.com, Jensen is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for IMPINJ with a $87.75 average price target, implying a 67.6% upside from current levels. In a report issued on October 18, Piper Sandler also maintained a Buy rating on the stock with a $75.00 price target.
PLAYSTUDIOS (MYPS)
In a report released today, Greg Gibas from Northland Securities maintained a Buy rating on PLAYSTUDIOS, with a price target of $5.50. The company’s shares closed last Tuesday at $2.97, close to its 52-week low of $2.75.
According to TipRanks.com, Gibas is ranked #424 out of 8565 analysts.
Currently, the analyst consensus on PLAYSTUDIOS is a Moderate Buy with an average price target of $5.50.
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 SSYS:
- Desktop Metal terminates shareholder rights plan amid Stratasys merger cancel
- 3D Systems says willing to amend current proposal to Stratasys to add ‘go-shop’
- Desktop Metal says ‘focused on path to profitability,’ Stratasys deal terminated
- Stratasys board adopts limited extension of shareholder rights plan
- Stratasys initiates process to explore strategic alternatives
