There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Globant SA (GLOB – Research Report), Silverlake Axis (SLVFF – Research Report) and Procore Technologies (PCOR – Research Report) with bullish sentiments.
Globant SA (GLOB)
Mizuho Securities analyst Dan Dolev reiterated a Buy rating on Globant SA on February 16 and set a price target of $283.00. The company’s shares closed last Friday at $224.04.
According to TipRanks.com, Dolev is a 2-star analyst with an average return of
Currently, the analyst consensus on Globant SA is a Strong Buy with an average price target of $263.73, which is a 16.4% upside from current levels. In a report issued on February 8, Banco Santander also upgraded the stock to Buy with a $260.00 price target.
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Silverlake Axis (SLVFF)
CGS-CIMB analyst Andrea Choong reiterated a Buy rating on Silverlake Axis on February 16 and set a price target of S$0.36. The company’s shares closed last Friday at $0.24, close to its 52-week high of $0.25.
According to TipRanks.com, Choong is ranked #5836 out of 8725 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Silverlake Axis with a $0.27 average price target, implying a 12.5% upside from current levels. In a report released today, Phillip Securities also maintained a Buy rating on the stock with a S$0.36 price target.
Procore Technologies (PCOR)
Mizuho Securities analyst Siti Panigrahi reiterated a Buy rating on Procore Technologies on February 16 and set a price target of $80.00. The company’s shares closed last Friday at $75.92, close to its 52-week high of $78.72.
According to TipRanks.com, Panigrahi is a 2-star analyst with an average return of
Procore Technologies has an analyst consensus of Strong Buy, with a price target consensus of $86.46, representing a 16.8% upside. In a report issued on February 9, KeyBanc also maintained a Buy rating on the stock with a $85.00 price target.
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Read More on GLOB:
- Globant price target raised to $290 from $257 at Piper Sandler
- Globant price target lowered to $262 from $264 at TD Cowen
- Epam Systems upgraded to Outperform at Scotiabank after ‘strong’ Q4
- Globant price target raised to $272 from $266 at KeyBanc
- Globant sees 2024 EPS at least $6.50, consensus $6.67
