Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Formfactor (FORM – Research Report), SolarEdge Technologies (SEDG – Research Report) and Rimini Street (RMNI – Research Report).
Formfactor (FORM)
D.A. Davidson analyst Thomas Diffely maintained a Buy rating on Formfactor today. The company’s shares closed last Thursday at $32.40.
According to TipRanks.com, Diffely 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 Formfactor with a $37.67 average price target, representing a 6.4% upside. In a report released today, Craig-Hallum also reiterated a Buy rating on the stock with a $50.00 price target.
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SolarEdge Technologies (SEDG)
Northland Securities analyst Gus Richard maintained a Buy rating on SolarEdge Technologies today and set a price target of $125.00. The company’s shares closed last Thursday at $68.92.
According to TipRanks.com, Richard is a top 100 analyst with an average return of
Currently, the analyst consensus on SolarEdge Technologies is a Hold with an average price target of $117.06, representing an 83.2% upside. In a report issued on October 20, Exane BNP Paribas also initiated coverage with a Buy rating on the stock with a $140.00 price target.
Rimini Street (RMNI)
In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Hold rating on Rimini Street. The company’s shares closed last Thursday at $2.64.
According to TipRanks.com, Rhee is a 4-star analyst with an average return of
Currently, the analyst consensus on Rimini Street is a Moderate Buy with an average price target of $4.25, representing a 72.8% upside. In a report released today, TD Cowen also maintained a Hold rating on the stock with a $3.00 price target.
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