Analysts have been eager to weigh in on the Technology sector with new ratings on Chegg (CHGG – Research Report) and Palantir Technologies (PLTR – Research Report).
Chegg (CHGG)
In a report released yesterday, Thomas Singlehurst from Citi maintained a Hold rating on Chegg, with a price target of $10.70. The company’s shares closed last Monday at $9.30, close to its 52-week low of $7.32.
According to TipRanks.com, Singlehurst is a 2-star analyst with an average return of
Chegg has an analyst consensus of Hold, with a price target consensus of $9.43.
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Palantir Technologies (PLTR)
In a report released yesterday, Tyler Radke from Citi maintained a Sell rating on Palantir Technologies, with a price target of $10.00. The company’s shares closed last Monday at $16.72.
According to TipRanks.com, Radke is a 5-star analyst with an average return of
Currently, the analyst consensus on Palantir Technologies is a Moderate Sell with an average price target of $12.20, which is a -30.5% downside from current levels. In a report issued on January 30, William Blair also maintained a Sell rating on the stock.
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