There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Credo Technology Group Holding Ltd (CRDO – Research Report), Echostar (SATS – Research Report) and Snowflake (SNOW – Research Report) with bullish sentiments.
Credo Technology Group Holding Ltd (CRDO)
Needham analyst Quinn Bolton maintained a Buy rating on Credo Technology Group Holding Ltd today and set a price target of $24.00. The company’s shares closed last Friday at $17.53.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Credo Technology Group Holding Ltd with a $22.43 average price target, a 24.6% upside from current levels. In a report issued on January 5, Mizuho Securities also maintained a Buy rating on the stock with a $25.00 price target.
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Echostar (SATS)
TD Cowen analyst Gregory Williams maintained a Buy rating on Echostar today and set a price target of $39.00. The company’s shares closed last Friday at $12.64.
According to TipRanks.com, Williams has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on Echostar is a Moderate Buy with an average price target of $25.50.
Snowflake (SNOW)
In a report released today, Mike Cikos from Needham reiterated a Buy rating on Snowflake, with a price target of $225.00. The company’s shares closed last Friday at $189.12, close to its 52-week high of $202.83.
According to TipRanks.com, Cikos 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 Snowflake with a $214.77 average price target, a 16.4% upside from current levels. In a report issued on January 4, RBC Capital also initiated coverage with a Buy rating on the stock with a $230.00 price target.
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