Analysts Offer Insights on Technology Companies: SolarEdge Technologies (SEDG), TTM Technologies (TTMI) and Procore Technologies (PCOR)

Analysts have been eager to weigh in on the Technology sector with new ratings on SolarEdge Technologies (SEDG – Research Report), TTM Technologies (TTMI – Research Report) and Procore Technologies (PCOR – Research Report).

SolarEdge Technologies (SEDG)

SolarEdge Technologies received a Hold rating and a $70.00 price target from Truist Financial analyst Jordan Levy today. The company’s shares closed last Wednesday at $75.79, close to its 52-week low of $72.37.

According to TipRanks.com, Levy is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -24.0% and a 18.6% success rate. Levy covers the NA sector, focusing on stocks such as Sunnova Energy International, Enphase Energy, and Bloom Energy.

SolarEdge Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $135.13, an 81.2% upside from current levels. In a report issued on October 19, Deutsche Bank also downgraded the stock to Hold with a $150.00 price target.

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TTM Technologies (TTMI)

TTM Technologies received a Buy rating and a $16.50 price target from Truist Financial analyst William Stein yesterday. The company’s shares closed last Wednesday at $12.92.

According to TipRanks.com, Stein is a top 100 analyst with an average return of 21.5% and a 66.1% success rate. Stein covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Texas Instruments, and Monolithic Power.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TTM Technologies with a $16.17 average price target.

Procore Technologies (PCOR)

Procore Technologies received a Hold rating and a $55.00 price target from Jefferies analyst Brent Thill yesterday. The company’s shares closed last Wednesday at $60.17.

According to TipRanks.com, Thill is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.9% and a 37.1% success rate. Thill covers the Technology sector, focusing on stocks such as Palantir Technologies, IAC/InteractiveCorp., and Progress Software.

Procore Technologies has an analyst consensus of Strong Buy, with a price target consensus of $77.69.

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Read More on SEDG:

• SolarEdge Stock (NASDAQ:SEDG) Sinks on Dismal Q3 Earnings, Lackluster Outlook
• SolarEdge options imply 9.9% move in share price post-earnings
• SolarEdge price target lowered to $85 from $185 at Daiwa
• SolarEdge price target lowered to $120 from $180 at Truist
• SolarEdge price target lowered to $111 from $216 at BMO Capital