Analysts have been eager to weigh in on the Technology sector with new ratings on Concentrix (CNXC – Research Report), Jamf Holding (JAMF – Research Report) and Western Digital (WDC – Research Report).
Concentrix (CNXC)
Bank of America Securities analyst Ruplu Bhattacharya reiterated a Hold rating on Concentrix yesterday and set a price target of $102.00. The company’s shares closed last Thursday at $87.26.
According to TipRanks.com, Bhattacharya is a 1-star analyst with an average return of
Currently, the analyst consensus on Concentrix is a Strong Buy with an average price target of $115.75.
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Jamf Holding (JAMF)
Bank of America Securities analyst Koji Ikeda reiterated a Hold rating on Jamf Holding yesterday and set a price target of $22.00. The company’s shares closed last Thursday at $19.40.
According to TipRanks.com, Ikeda is a 5-star analyst with an average return of
Jamf Holding has an analyst consensus of Moderate Buy, with a price target consensus of $23.00, a 15.5% upside from current levels. In a report issued on January 12, Barclays also downgraded the stock to Hold with a $20.00 price target.
Western Digital (WDC)
In a report released today, Joseph Moore from Morgan Stanley maintained a Buy rating on Western Digital, with a price target of $73.00. The company’s shares closed last Thursday at $60.33, close to its 52-week high of $60.55.
According to TipRanks.com, Moore 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 Western Digital with a $61.88 average price target, implying a 4.9% upside from current levels. In a report issued on January 22, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $70.00 price target.
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