Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Desktop Metal (DM – Research Report), Atlassian (TEAM – Research Report) and PureCycle Technologies (PCT – Research Report).
Desktop Metal (DM)
Craig-Hallum analyst Greg Palm maintained a Hold rating on Desktop Metal today and set a price target of $1.00. The company’s shares closed last Wednesday at $0.99.
According to TipRanks.com, Palm is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Desktop Metal with a $1.00 average price target.
See the top stocks recommended by analysts >>
Atlassian (TEAM)
Citi analyst Fatima Boolani reiterated a Buy rating on Atlassian yesterday and set a price target of $230.00. The company’s shares closed last Wednesday at $178.59.
According to TipRanks.com, Boolani is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Atlassian with a $215.47 average price target, representing a 15.3% upside. In a report issued on October 12, Canaccord Genuity also maintained a Buy rating on the stock with a $230.00 price target.
PureCycle Technologies (PCT)
Craig-Hallum analyst Eric Stine maintained a Buy rating on PureCycle Technologies today. The company’s shares closed last Wednesday at $4.39, close to its 52-week low of $4.30.
According to TipRanks.com, Stine is a 4-star analyst with an average return of
Currently, the analyst consensus on PureCycle Technologies is a Strong Buy with an average price target of $17.00.
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Read More on DM:
- Largest borrow rate increases among liquid names
- 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 initiates process to explore strategic alternatives
