There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Grab (GRAB – Research Report), Kingsoft Cloud Holdings (KC – Research Report) and Nvidia (NVDA – Research Report) with bullish sentiments.
Grab (GRAB)
DBS analyst Sachin Mittal maintained a Buy rating on Grab today and set a price target of $4.26. The company’s shares closed last Tuesday at $3.13.
According to TipRanks.com, Mittal is a 5-star analyst with an average return of
Currently, the analyst consensus on Grab is a Strong Buy with an average price target of $4.78, which is a 49.4% upside from current levels. In a report issued on November 9, Bernstein also maintained a Buy rating on the stock with a $4.10 price target.
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Kingsoft Cloud Holdings (KC)
In a report released today, Tsz Wang from DBS maintained a Buy rating on Kingsoft Cloud Holdings, with a price target of $6.80. The company’s shares closed last Tuesday at $4.83.
According to TipRanks.com, Wang is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kingsoft Cloud Holdings with a $6.07 average price target.
Nvidia (NVDA)
Oppenheimer analyst Rick Schafer maintained a Buy rating on Nvidia today and set a price target of $650.00. The company’s shares closed last Tuesday at $499.44, close to its 52-week high of $505.48.
According to TipRanks.com, Schafer is a top 25 analyst with an average return of
Nvidia has an analyst consensus of Strong Buy, with a price target consensus of $655.98, representing a 30.9% upside. In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $650.00 price target.
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