Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Nextdoor Holdings (KIND – Research Report), Adtran (ADTN – Research Report) and Rivian Automotive (RIVN – Research Report).
Nextdoor Holdings (KIND)
Nextdoor Holdings received a Hold rating from Evercore ISI analyst Mark Mahaney yesterday. The company’s shares closed last Tuesday at $1.82, close to its 52-week low of $1.68.
According to TipRanks.com, Mahaney is a top 100 analyst with an average return of
Nextdoor Holdings has an analyst consensus of Hold, with a price target consensus of $2.97, representing a 71.7% upside. In a report issued on November 6, Wells Fargo also assigned a Hold rating to the stock with a $3.50 price target.
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Adtran (ADTN)
In a report released today, Robert-Jan van der Horst from Warburg Research maintained a Buy rating on Adtran, with a price target of EUR15.70. The company’s shares closed last Tuesday at $5.39, close to its 52-week low of $5.08.
According to TipRanks.com, Horst is ranked #7563 out of 8601 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adtran with a $10.95 average price target.
Rivian Automotive (RIVN)
Robert W. Baird analyst Ben Kallo reiterated a Buy rating on Rivian Automotive yesterday and set a price target of $30.00. The company’s shares closed last Tuesday at $17.42.
According to TipRanks.com, Kallo is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rivian Automotive with a $27.26 average price target, a 59.1% upside from current levels. In a report issued on October 26, Cantor Fitzgerald also upgraded the stock to Buy with a $29.00 price target.
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