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Analysts Offer Insights on Technology Companies: Canadian Solar (CSIQ), Braze (BRZE) and Affirm Holdings (AFRM)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Canadian Solar (CSIQResearch Report), Braze (BRZEResearch Report) and Affirm Holdings (AFRMResearch Report).

Canadian Solar (CSIQ)

Roth MKM analyst Philip Shen maintained a Buy rating on Canadian Solar yesterday and set a price target of $35.00. The company’s shares closed last Tuesday at $21.58, close to its 52-week low of $17.82.

According to TipRanks.com, Shen is a 5-star analyst with an average return of 9.1% and a 39.7% success rate. Shen covers the Technology sector, focusing on stocks such as Maxeon Solar Technologies, Shoals Technologies Group, and SolarEdge Technologies.

Canadian Solar has an analyst consensus of Hold, with a price target consensus of $35.86.

See the top stocks recommended by analysts >>

Braze (BRZE)

William Blair analyst Arjun Bhatia maintained a Buy rating on Braze today. The company’s shares closed last Tuesday at $48.86, close to its 52-week high of $50.13.

According to TipRanks.com, Bhatia is a 1-star analyst with an average return of -3.2% and a 39.0% success rate. Bhatia covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Zoom Video Communications, and DoubleVerify Holdings.

Currently, the analyst consensus on Braze is a Strong Buy with an average price target of $55.56.

Affirm Holdings (AFRM)

Deutsche Bank analyst Bryan Keane maintained a Hold rating on Affirm Holdings yesterday and set a price target of $24.00. The company’s shares closed last Tuesday at $25.56, close to its 52-week high of $27.16.

According to TipRanks.com, Keane is a 5-star analyst with an average return of 6.4% and a 57.6% success rate. Keane covers the Technology sector, focusing on stocks such as Rackspace Technology, Endava, and Block.

The word on The Street in general, suggests a Hold analyst consensus rating for Affirm Holdings with a $19.59 average price target, a -21.2% downside from current levels. In a report issued on October 30, Wells Fargo also initiated coverage with a Hold rating on the stock with a $17.00 price target.

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