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Analysts Offer Insights on Technology Companies: SoundThinking Inc (SSTI), Akamai (AKAM) and Immersion (IMMR)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on SoundThinking Inc (SSTIResearch Report), Akamai (AKAMResearch Report) and Immersion (IMMRResearch Report).

SoundThinking Inc (SSTI)

Craig-Hallum analyst Jeremy Hamblin maintained a Hold rating on SoundThinking Inc today and set a price target of $22.00. The company’s shares closed last Tuesday at $17.55, close to its 52-week low of $14.39.

According to TipRanks.com, Hamblin is a 4-star analyst with an average return of 8.3% and a 56.9% success rate. Hamblin covers the NA sector, focusing on stocks such as GEN Restaurant Group, Inc. Class A, Ollie’s Bargain Outlet Holding, and Carrols Restaurant Group.

Currently, the analyst consensus on SoundThinking Inc is a Strong Buy with an average price target of $27.67.

See today’s best-performing stocks on TipRanks >>

Akamai (AKAM)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Hold rating on Akamai. The company’s shares closed last Tuesday at $125.05, close to its 52-week high of $129.17.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 12.6% and a 54.5% success rate. Rhee covers the Technology sector, focusing on stocks such as BlackSky Technology, Alkami Technology, and Cellebrite DI.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Akamai with a $136.25 average price target, an 8.5% upside from current levels. In a report released today, Needham also maintained a Hold rating on the stock.

Immersion (IMMR)

In a report released today, Anthony Stoss from Craig-Hallum maintained a Buy rating on Immersion. The company’s shares closed last Tuesday at $7.97.

According to TipRanks.com, Stoss is a 5-star analyst with an average return of 9.9% and a 57.4% success rate. Stoss covers the Technology sector, focusing on stocks such as Akoustis Technologies, indie Semiconductor, and Digi International.

Currently, the analyst consensus on Immersion is a Moderate Buy with an average price target of $11.00.

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