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Analysts Offer Insights on Technology Companies: Desktop Metal (DM), TechTarget (TTGT) and OneSpan (OSPN)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Desktop Metal (DMResearch Report), TechTarget (TTGTResearch Report) and OneSpan (OSPNResearch Report).

Desktop Metal (DM)

In a report released today, Greg Palm from Craig-Hallum maintained a Hold rating on Desktop Metal. The company’s shares closed last Thursday at $0.95, close to its 52-week low of $0.80.

According to TipRanks.com, Palm is a 1-star analyst with an average return of -1.8% and a 36.8% success rate. Palm covers the Technology sector, focusing on stocks such as Markforged Holding, Shapeways Holdings, and Faro Technologies.

Desktop Metal has an analyst consensus of Hold, with a price target consensus of $1.00, which is a 20.5% upside from current levels. In a report issued on October 26, Lake Street also reiterated a Hold rating on the stock with a $1.00 price target.

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

OneSpan (OSPN)

In a report released today, Chad Bennett from Craig-Hallum maintained a Buy rating on OneSpan, with a price target of $13.50. The company’s shares closed last Thursday at $9.67.

According to TipRanks.com, Bennett is a 2-star analyst with an average return of -0.4% and a 45.5% success rate. Bennett covers the Technology sector, focusing on stocks such as Evolv Technologies Holdings, E2open Parent Holdings, and Varonis Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OneSpan with a $11.50 average price target.

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