There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Progress Software (PRGS – Research Report), Universal Display (OLED – Research Report) and Aviat Networks (AVNW – Research Report) with bullish sentiments.
Progress Software (PRGS)
In a report issued on January 17, Ittai Kidron from Oppenheimer maintained a Buy rating on Progress Software, with a price target of $66.00. The company’s shares closed last Monday at $59.32.
According to TipRanks.com, Kidron is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Progress Software with a $63.00 average price target.
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Universal Display (OLED)
In a report issued on January 17, Martin Yang from Oppenheimer maintained a Buy rating on Universal Display, with a price target of $210.00. The company’s shares closed last Monday at $183.11.
According to TipRanks.com, Yang is a 1-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Universal Display with a $191.56 average price target, implying a 6.4% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $198.00 price target.
Aviat Networks (AVNW)
Lake Street analyst Jaeson Schmidt assigned a Buy rating to Aviat Networks on January 18 and set a price target of $51.00. The company’s shares closed last Monday at $30.68.
According to TipRanks.com, Schmidt 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 Aviat Networks with a $56.00 average price target, implying an 83.3% upside from current levels. In a report issued on January 9, Northland Securities also reiterated a Buy rating on the stock with a $60.00 price target.
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Read More on PRGS:
- Now Accepting Applications for the 2024 Progress Software Mary Székely Scholarship for Women in STEM
- Progress Software sees FY24 EPS $4.58-$4.68, consensus $4.64
- Progress Software sees Q1 EPS $1.12-$1.16, consensus $1.15
- Progress Software reports Q4 EPS $1.02, consensus 91c
- Progress Reports 2023 Fiscal Fourth Quarter and Year End Results
