There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Meyer Burger Technology AG (MYBUF – Research Report), Adtran (ADTN – Research Report) and Vertex (VERX – Research Report) with bullish sentiments.
Meyer Burger Technology AG (MYBUF)
Jefferies analyst Constantin Hesse maintained a Buy rating on Meyer Burger Technology AG on January 17 and set a price target of CHF0.30. The company’s shares closed last Monday at $0.13, close to its 52-week low of $0.10.
According to TipRanks.com, Hesse is ranked #7352 out of 8673 analysts.
Meyer Burger Technology AG has an analyst consensus of Hold, with a price target consensus of $0.28.
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Adtran (ADTN)
Needham analyst Ryan Koontz maintained a Buy rating on Adtran on January 17 and set a price target of $9.00. The company’s shares closed last Monday at $7.09, close to its 52-week low of $4.91.
According to TipRanks.com, Koontz has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adtran with a $10.27 average price target.
Vertex (VERX)
In a report issued on January 17, Chris Quintero from Morgan Stanley maintained a Buy rating on Vertex, with a price target of $32.00. The company’s shares closed last Monday at $25.89.
Quintero has an average return of
According to TipRanks.com, Quintero is ranked #4793 out of 8673 analysts.
Currently, the analyst consensus on Vertex is a Moderate Buy with an average price target of $29.13, which is a 12.0% upside from current levels. In a report issued on January 12, William Blair also maintained a Buy rating on the stock.
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