There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SoundHound AI, Inc Class A (SOUN – Research Report) and Microstrategy (MSTR – Research Report) with bullish sentiments.
SoundHound AI, Inc Class A (SOUN)
In a report released today, Scott Buck from H.C. Wainwright reiterated a Buy rating on SoundHound AI, Inc Class A, with a price target of $5.00. The company’s shares closed last Thursday at $3.76.
According to TipRanks.com, Buck is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SoundHound AI, Inc Class A with a $4.67 average price target, a 16.5% upside from current levels. In a report released yesterday, Northland Securities also maintained a Buy rating on the stock with a $4.00 price target.
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Microstrategy (MSTR)
TD Cowen analyst Lance Vitanza maintained a Buy rating on Microstrategy today and set a price target of $820.00. The company’s shares closed last Thursday at $718.00, close to its 52-week high of $806.78.
Vitanza has an average return of
According to TipRanks.com, Vitanza is ranked #760 out of 8732 analysts.
Currently, the analyst consensus on Microstrategy is a Strong Buy with an average price target of $695.67, a -12.2% downside from current levels. In a report issued on February 7, Canaccord Genuity also maintained a Buy rating on the stock with a $617.00 price target.
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Read More on SOUN:
- SoundHound (NASDAQ:SOUN): Nvidia Just Blessed This AI Stock, But be Careful
- Nvidia Invests in SOUN Stock; Should Investors Follow?
- TSM, SMCI, C3.ai: Here’s What Propelled These AI Stocks Higher Yesterday
- SoundHound initiated with a Buy at Ladenburg
- 5 Best Artificial Intelligence Stocks to Buy Now, According to Analysts – January 2024
