Analysts have been eager to weigh in on the Technology sector with new ratings on Cognizant (CTSH – Research Report), PubMatic (PUBM – Research Report) and Match Group (MTCH – Research Report).
Cognizant (CTSH)
In a report released yesterday, Daniel Perlin from RBC Capital assigned a Hold rating to Cognizant, with a price target of $74.00. The company’s shares closed last Thursday at $63.21.
According to TipRanks.com, Perlin is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Cognizant with a $71.50 average price target, which is a 14.2% upside from current levels. In a report issued on October 25, DBS also maintained a Hold rating on the stock with a $71.00 price target.
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PubMatic (PUBM)
RBC Capital analyst Matthew Swanson assigned a Buy rating to PubMatic today and set a price target of $18.00. The company’s shares closed last Thursday at $11.84, close to its 52-week low of $10.92.
According to TipRanks.com, Swanson ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PubMatic with a $17.20 average price target.
Match Group (MTCH)
In a report released yesterday, Brad Erickson from RBC Capital assigned a Buy rating to Match Group, with a price target of $33.00. The company’s shares closed last Thursday at $29.27, close to its 52-week low of $27.85.
According to TipRanks.com, Erickson is a 5-star analyst with an average return of
Currently, the analyst consensus on Match Group is a Moderate Buy with an average price target of $48.41, which is a 62.4% upside from current levels. In a report issued on October 19, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $52.00 price target.
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