There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on SEMrush Holdings (SEMR – Research Report), SmartRent (SMRT – Research Report) and Microsoft (MSFT – Research Report) with bullish sentiments.
SEMrush Holdings (SEMR)
In a report issued on January 17, Scott Berg from Needham maintained a Buy rating on SEMrush Holdings, with a price target of $15.00. The company’s shares closed last Monday at $11.95.
According to TipRanks.com, Berg is a 1-star analyst with an average return of
Currently, the analyst consensus on SEMrush Holdings is a Moderate Buy with an average price target of $12.00.
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SmartRent (SMRT)
In a report issued on January 18, Ryan Tomasello from KBW maintained a Buy rating on SmartRent, with a price target of $4.50. The company’s shares closed last Monday at $3.28.
According to TipRanks.com, Tomasello is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SmartRent with a $4.45 average price target, which is a 33.2% upside from current levels. In a report issued on January 18, BTIG also initiated coverage with a Buy rating on the stock with a $4.50 price target.
Microsoft (MSFT)
In a report issued on January 18, Kirk Materne from Evercore ISI maintained a Buy rating on Microsoft, with a price target of $432.00. The company’s shares closed last Monday at $396.39, close to its 52-week high of $398.67.
According to TipRanks.com, Materne 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 Microsoft with a $433.18 average price target, which is an 8.3% upside from current levels. In a report issued on January 11, UBS also maintained a Buy rating on the stock with a $400.00 price target.
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