There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on I3 Verticals (IIIV – Research Report), Shopify (SHOP – Research Report) and Eventbrite (EB – Research Report) with bullish sentiments.
Shopify (SHOP)
RBC Capital analyst Paul Treiber maintained a Buy rating on Shopify today and set a price target of $100.00. The company’s shares closed last Monday at $80.18, close to its 52-week high of $83.19.
According to TipRanks.com, Treiber is a 5-star analyst with an average return of
Currently, the analyst consensus on Shopify is a Moderate Buy with an average price target of $77.42, representing a -4.3% downside. In a report issued on January 8, Robert W. Baird also maintained a Buy rating on the stock with a $85.00 price target.
Eventbrite (EB)
BWS Financial analyst Hamed Khorsand maintained a Buy rating on Eventbrite today and set a price target of $12.00. The company’s shares closed last Monday at $7.63.
According to TipRanks.com, Khorsand is a 4-star analyst with an average return of
Eventbrite has an analyst consensus of Strong Buy, with a price target consensus of $13.00.
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