There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Pagaya Technologies Ltd (PGY – Research Report) and Adobe (ADBE – Research Report) with bullish sentiments.
Pagaya Technologies Ltd (PGY)
In a report released today, John Hecht from Jefferies initiated coverage with a Buy rating on Pagaya Technologies Ltd and a price target of $2.50. The company’s shares closed last Wednesday at $1.39.
According to TipRanks.com, Hecht 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 Pagaya Technologies Ltd with a $3.25 average price target.
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Adobe (ADBE)
In a report released today, Bradley Sills from Bank of America Securities reiterated a Buy rating on Adobe, with a price target of $700.00. The company’s shares closed last Wednesday at $624.26, close to its 52-week high of $633.89.
According to TipRanks.com, Sills is a 4-star analyst with an average return of
Adobe has an analyst consensus of Moderate Buy, with a price target consensus of $638.96, representing a 1.4% upside. In a report issued on December 4, KGI Securities also upgraded the stock to Buy with a $730.00 price target.
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