There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Digi International (DGII – Research Report), Veeva Systems (VEEV – Research Report) and Amprius Technologies Inc (AMPX – Research Report) with bullish sentiments.
Digi International (DGII)
In a report released today, Harsh Kumar from Piper Sandler reiterated a Buy rating on Digi International, with a price target of $30.00. The company’s shares closed last Friday at $22.64, close to its 52-week low of $21.25.
According to TipRanks.com, Kumar is a top 100 analyst with an average return of
Currently, the analyst consensus on Digi International is a Strong Buy with an average price target of $38.75, implying a 75.7% upside from current levels. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a $45.00 price target.
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Veeva Systems (VEEV)
In a report released today, Brent Bracelin from Piper Sandler maintained a Buy rating on Veeva Systems, with a price target of $200.00. The company’s shares closed last Friday at $163.49, close to its 52-week low of $157.00.
According to TipRanks.com, Bracelin is a 3-star analyst with an average return of
Veeva Systems has an analyst consensus of Moderate Buy, with a price target consensus of $220.00, which is a 31.4% upside from current levels. In a report issued on November 6, Wells Fargo also maintained a Buy rating on the stock with a $229.00 price target.
Amprius Technologies Inc (AMPX)
Oppenheimer analyst Colin Rusch reiterated a Buy rating on Amprius Technologies Inc today and set a price target of $15.00. The company’s shares closed last Friday at $2.87, close to its 52-week low of $2.60.
According to TipRanks.com, Rusch is ranked #16 out of 8643 analysts.
Amprius Technologies Inc has an analyst consensus of Strong Buy, with a price target consensus of $13.67, implying a 338.1% upside from current levels. In a report issued on October 31, H.C. Wainwright also initiated coverage with a Buy rating on the stock with a $10.00 price target.
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