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Analysts Offer Insights on Technology Companies: Stem Inc (STEM), Codexis (CDXS) and CGI Group (GIB)

Analysts have been eager to weigh in on the Technology sector with new ratings on Stem Inc (STEMResearch Report), Codexis (CDXSResearch Report) and CGI Group (GIBResearch Report).

Stem Inc (STEM)

Piper Sandler analyst Kashy Harrison maintained a Hold rating on Stem Inc today and set a price target of $4.00. The company’s shares closed last Friday at $3.67, close to its 52-week low of $3.00.

According to TipRanks.com, Harrison is ranked 0 out of 5 stars with an average return of -18.3% and a 31.1% success rate. Harrison covers the NA sector, focusing on stocks such as Sunnova Energy International, Ballard Power Systems, and Fluence Energy.

Stem Inc has an analyst consensus of Moderate Buy, with a price target consensus of $7.59, which is a 123.2% upside from current levels. In a report issued on November 3, Guggenheim also downgraded the stock to Hold.

See Insiders’ Hot Stocks on TipRanks >>

Codexis (CDXS)

Piper Sandler analyst Allison Bratzel maintained a Buy rating on Codexis today and set a price target of $10.00. The company’s shares closed last Friday at $1.93, close to its 52-week low of $1.45.

According to TipRanks.com, Bratzel is a 4-star analyst with an average return of 8.8% and a 57.7% success rate. Bratzel covers the Healthcare sector, focusing on stocks such as Scholar Rock Holding, Travere Therapeutics, and AbCellera Biologics.

Currently, the analyst consensus on Codexis is a Strong Buy with an average price target of $6.50, implying a 236.8% upside from current levels. In a report issued on November 3, Craig-Hallum also maintained a Buy rating on the stock with a $9.00 price target.

CGI Group (GIB)

BMO Capital analyst Thanos Moschopoulos maintained a Buy rating on CGI Group yesterday and set a price target of C$155.00. The company’s shares closed last Friday at $101.05.

Moschopoulos has an average return of 11.5% when recommending CGI Group.

According to TipRanks.com, Moschopoulos is ranked #646 out of 8601 analysts.

Currently, the analyst consensus on CGI Group is a Strong Buy with an average price target of $112.95, a 13.0% upside from current levels. In a report issued on November 1, Stifel Nicolaus also maintained a Buy rating on the stock with a C$155.00 price target.

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