Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Freshworks (FRSH – Research Report), Sonos (SONO – Research Report) and GoDaddy (GDDY – Research Report).
Freshworks (FRSH)
In a report released yesterday, Adam Bergere from Bank of America Securities reiterated a Hold rating on Freshworks, with a price target of $25.00. The company’s shares closed last Tuesday at $21.82.
According to TipRanks.com, Bergere is ranked #6258 out of 8702 analysts.
Currently, the analyst consensus on Freshworks is a Strong Buy with an average price target of $26.33, which is a 21.7% upside from current levels. In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a $24.00 price target.
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Sonos (SONO)
In a report released yesterday, Jason Haas CFA from Bank of America Securities reiterated a Hold rating on Sonos, with a price target of $18.60. The company’s shares closed last Tuesday at $16.46.
According to TipRanks.com, CFA is a 5-star analyst with an average return of
Sonos has an analyst consensus of Strong Buy, with a price target consensus of $20.20.
GoDaddy (GDDY)
Citi analyst Ygal Arounian maintained a Buy rating on GoDaddy yesterday and set a price target of $130.00. The company’s shares closed last Tuesday at $109.50, close to its 52-week high of $110.51.
According to TipRanks.com, Arounian is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for GoDaddy with a $121.10 average price target, a 10.8% upside from current levels. In a report issued on January 26, B.Riley Financial also maintained a Buy rating on the stock with a $124.00 price target.
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Read More on FRSH:
- Freshworks Reports Fourth Quarter and Full Year 2023 Results
- Freshworks, Inc. Class A (FRSH) Q4 Earnings Cheat Sheet
- JPMorgan ups Freshworks target but ‘tactically cautious’ into earnings
- Freshworks Announces Strategic Collaboration Agreement with AWS to Increase the Reach of its AI-boosted Software-as-a-Service
- Freshworks enters collaboration agreement with AWS
