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Analysts Offer Insights on Technology Companies: AdTheorent Holding (ADTH), Amplitude (AMPL) and Smith Micro Software (SMSI)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AdTheorent Holding (ADTHResearch Report), Amplitude (AMPLResearch Report) and Smith Micro Software (SMSIResearch Report) with bullish sentiments.

AdTheorent Holding (ADTH)

Benchmark Co. analyst Daniel Kurnos maintained a Buy rating on AdTheorent Holding today and set a price target of $6.00. The company’s shares closed last Tuesday at $1.25, close to its 52-week low of $1.11.

According to TipRanks.com, Kurnos is a 4-star analyst with an average return of 2.7% and a 45.5% success rate. Kurnos covers the Technology sector, focusing on stocks such as Direct Digital Holdings, IAC/InteractiveCorp., and WildBrain.

AdTheorent Holding has an analyst consensus of Moderate Buy, with a price target consensus of $5.50, a 362.2% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $5.00 price target.

See today’s best-performing stocks on TipRanks >>

Amplitude (AMPL)

Scotiabank analyst Nick Altmann maintained a Buy rating on Amplitude today and set a price target of $12.00. The company’s shares closed last Tuesday at $11.15.

According to TipRanks.com, Altmann is a 1-star analyst with an average return of -7.0% and a 24.1% success rate. Altmann covers the Technology sector, focusing on stocks such as Procore Technologies, Freshworks, and Confluent.

The word on The Street in general, suggests a Hold analyst consensus rating for Amplitude with a $12.80 average price target.

Smith Micro Software (SMSI)

Benchmark Co. analyst Matthew Harrigan maintained a Buy rating on Smith Micro Software today and set a price target of $4.50. The company’s shares closed last Tuesday at $1.04, close to its 52-week low of $0.95.

According to TipRanks.com, Harrigan is a 4-star analyst with an average return of 1.8% and a 55.5% success rate. Harrigan covers the NA sector, focusing on stocks such as Liberty Media Liberty Formula One, Frontier Communications Parent, and Charter Communications.

Currently, the analyst consensus on Smith Micro Software is a Moderate Buy with an average price target of $4.00.

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