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Analysts’ Top Technology Picks: Knowles (KN), Freshworks (FRSH)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Knowles (KNResearch Report), Freshworks (FRSHResearch Report) and Beam Global (BEEMResearch Report) with bullish sentiments.

Knowles (KN)

In a report released yesterday, Tristan Gerra from Robert W. Baird reiterated a Buy rating on Knowles, with a price target of $20.00. The company’s shares closed last Wednesday at $15.95.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 6.4% and a 51.4% success rate. Gerra covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and GlobalFoundries Inc.

Knowles has an analyst consensus of Moderate Buy, with a price target consensus of $18.67, representing a 16.4% upside. In a report issued on November 3, Craig-Hallum also reiterated a Buy rating on the stock with a $21.00 price target.

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

Freshworks (FRSH)

In a report released today, Robert Oliver from Robert W. Baird maintained a Buy rating on Freshworks, with a price target of $24.00. The company’s shares closed last Wednesday at $18.17.

According to TipRanks.com, Oliver is a 5-star analyst with an average return of 7.8% and a 53.5% success rate. Oliver covers the Technology sector, focusing on stocks such as Aspen Technology, Inc., Klaviyo, Inc. Class A, and Tyler Technologies.

Freshworks has an analyst consensus of Moderate Buy, with a price target consensus of $23.14, which is a 25.8% upside from current levels. In a report issued on November 1, JMP Securities also maintained a Buy rating on the stock with a $25.00 price target.

Beam Global (BEEM)

In a report released yesterday, Tate Sullivan from Maxim Group reiterated a Buy rating on Beam Global, with a price target of $40.00. The company’s shares closed last Wednesday at $6.61, close to its 52-week low of $5.22.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 13.9% and a 43.7% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Performance Shipping, Seanergy Maritime, and Exro Technologies.

Currently, the analyst consensus on Beam Global is a Strong Buy with an average price target of $24.25, representing a 229.9% upside. In a report released yesterday, H.C. Wainwright also maintained a Buy rating on the stock with a $30.00 price target.

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