There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Zai Lab (ZLAB – Research Report), Navitas Semiconductor (NVTS – Research Report) and Uber Technologies (UBER – Research Report) with bullish sentiments.
Zai Lab (ZLAB)
In a report issued on November 8, Jonathan Chang from Leerink Partners reiterated a Buy rating on Zai Lab, with a price target of $74.00. The company’s shares closed last Thursday at $28.16.
According to TipRanks.com, Chang has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Zai Lab has an analyst consensus of Strong Buy, with a price target consensus of $61.45, an 110.2% upside from current levels. In a report issued on October 26, Goldman Sachs also maintained a Buy rating on the stock with a $73.34 price target.
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Navitas Semiconductor (NVTS)
In a report released today, Quinn Bolton from Needham maintained a Buy rating on Navitas Semiconductor, with a price target of $10.00. The company’s shares closed last Thursday at $5.69.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of
Currently, the analyst consensus on Navitas Semiconductor is a Strong Buy with an average price target of $10.84.
Uber Technologies (UBER)
Mizuho Securities analyst James Lee maintained a Buy rating on Uber Technologies on November 7 and set a price target of $63.00. The company’s shares closed last Thursday at $50.05, close to its 52-week high of $50.30.
According to TipRanks.com, Lee is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Uber Technologies with a $61.32 average price target, implying a 24.4% upside from current levels. In a report issued on November 3, KeyBanc also upgraded the stock to Buy with a $60.00 price target.
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Read More on ZLAB:
- Zai Lab reports Q3 EPS (71c), consensus (95c)
- Zai Lab Announces Third Quarter 2023 Financial Results and Recent Corporate Updates
- Zai Lab to Announce Third Quarter 2023 Financial Results and Recent Corporate Updates on November 7, 2023
- Zai Lab price target lowered to $64 from $67 at JPMorgan
- Cantor biotech/biopharma analysts to hold an analyst/industry conference call
