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Analysts Are Bullish on These Technology Stocks: SoundHound AI, Inc Class A (SOUN), Alight (ALIT)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SoundHound AI, Inc Class A (SOUNResearch Report) and Alight (ALITResearch Report) with bullish sentiments.

SoundHound AI, Inc Class A (SOUN)

Northland Securities analyst Michael Latimore maintained a Buy rating on SoundHound AI, Inc Class A today and set a price target of $4.00. The company’s shares closed last Tuesday at $1.87.

According to TipRanks.com, Latimore is a 5-star analyst with an average return of 16.5% and a 50.5% success rate. Latimore covers the Technology sector, focusing on stocks such as Synchronoss Technologies, Duos Technologies Group, and Presto Automation.

SoundHound AI, Inc Class A has an analyst consensus of Strong Buy, with a price target consensus of $4.40.

See the top stocks recommended by analysts >>

Alight (ALIT)

D.A. Davidson analyst Peter Heckmann maintained a Buy rating on Alight today and set a price target of $14.00. The company’s shares closed last Tuesday at $8.61.

According to TipRanks.com, Heckmann is a 4-star analyst with an average return of 5.3% and a 58.3% success rate. Heckmann covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Clearwater Analytics Holdings, and SS&C Technologies Holdings.

Alight has an analyst consensus of Strong Buy, with a price target consensus of $12.13, implying a 40.7% upside from current levels. In a report issued on January 4, Citi also resumed coverage with a Buy rating on the stock with a $12.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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