Analysts Conflicted on These Technology Names: Playtika Holding (PLTK), Lyft (LYFT) and Innoviz Technologies (INVZ)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Playtika Holding (PLTK – Research Report), Lyft (LYFT – Research Report) and Innoviz Technologies (INVZ – Research Report).

Playtika Holding (PLTK)

Wells Fargo analyst Brian Fitzgerald maintained a Hold rating on Playtika Holding today and set a price target of $9.50. The company’s shares closed last Wednesday at $8.01, close to its 52-week low of $7.81.

According to TipRanks.com, Fitzgerald is a 5-star analyst with an average return of 11.6% and a 52.2% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, IAC/InteractiveCorp., and Integral Ad Science.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Playtika Holding with a $16.42 average price target, representing a 98.8% upside. In a report released yesterday, BTIG also maintained a Hold rating on the stock.

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Lyft (LYFT)

In a report released today, Eric Sheridan from Goldman Sachs maintained a Buy rating on Lyft, with a price target of $12.00. The company’s shares closed last Wednesday at $10.72.

According to TipRanks.com, Sheridan is a 5-star analyst with an average return of 10.1% and a 57.2% success rate. Sheridan covers the Technology sector, focusing on stocks such as Spotify Technology SA, DoubleVerify Holdings, and IAC/InteractiveCorp.

Lyft has an analyst consensus of Hold, with a price target consensus of $10.97.

Innoviz Technologies (INVZ)

In a report released today, Mark Delaney from Goldman Sachs maintained a Buy rating on Innoviz Technologies. The company’s shares closed last Wednesday at $1.84, close to its 52-week low of $1.30.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 12.5% and a 57.0% success rate. Delaney covers the Technology sector, focusing on stocks such as Mobileye Global, Inc. Class A, Keysight Technologies, and ChargePoint Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Innoviz Technologies.

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Read More on PLTK:

• Playtika Holding Corp. Reports Q3 2023 Financial Results
• Playtika Holding Corp. Completes Strategic Acquisition of Innplay Labs, Further Strengthening Its Mobile Gaming Portfolio with Popular “Animals & Coins”
• Playtika to acquire Innplay Labs for up to $300M
• Playtika Holding Corp. Enters Definitive Agreement to Acquire Innplay Labs