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Analysts’ Top Technology Picks: JFrog (FROG), SolarEdge Technologies (SEDG)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on JFrog (FROGResearch Report) and SolarEdge Technologies (SEDGResearch Report) with bullish sentiments.

JFrog (FROG)

In a report issued on December 14, Pinjalim Bora from J.P. Morgan maintained a Buy rating on JFrog, with a price target of $36.00. The company’s shares closed last Monday at $31.63, close to its 52-week high of $32.37.

According to TipRanks.com, Bora is a 5-star analyst with an average return of 13.8% and a 61.4% success rate. Bora covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Pure Storage, and Pegasystems.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for JFrog with a $33.67 average price target.

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

SolarEdge Technologies (SEDG)

In a report issued on December 15, Mark Strouse from J.P. Morgan maintained a Buy rating on SolarEdge Technologies, with a price target of $102.00. The company’s shares closed last Monday at $93.48, close to its 52-week low of $63.25.

According to TipRanks.com, Strouse is a 5-star analyst with an average return of 14.2% and a 53.2% success rate. Strouse covers the Technology sector, focusing on stocks such as Sunnova Energy International, Shoals Technologies Group, and NEXTracker, Inc. Class A.

The word on The Street in general, suggests a Hold analyst consensus rating for SolarEdge Technologies with a $94.94 average price target, a 2.6% upside from current levels. In a report issued on December 11, TD Cowen also maintained a Buy rating on the stock with a $100.00 price target.

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