There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Similarweb (SMWB – Research Report) and Roblox (RBLX – Research Report) with bullish sentiments.
Similarweb (SMWB)
William Blair analyst Arjun Bhatia maintained a Buy rating on Similarweb today. The company’s shares closed last Wednesday at $5.13.
According to TipRanks.com, Bhatia has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Similarweb is a Strong Buy with an average price target of $10.25.
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Roblox (RBLX)
In a report released today, Nick McKay from Wedbush reiterated a Buy rating on Roblox, with a price target of $49.00. The company’s shares closed last Wednesday at $39.22.
According to TipRanks.com, McKay is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Roblox with a $39.30 average price target, which is a -2.3% downside from current levels. In a report issued on October 26, Raymond James also initiated coverage with a Buy rating on the stock with a $41.00 price target.
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