Analysts have been eager to weigh in on the Technology sector with new ratings on Freshworks (FRSH – Research Report) and Entegris (ENTG – Research Report).
Freshworks (FRSH)
Wolfe Research analyst Alex Zukin upgraded Freshworks to Buy yesterday and set a price target of $27.00. The company’s shares closed last Friday at $20.69.
According to TipRanks.com, Zukin is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Freshworks with a $26.07 average price target, implying a 27.5% upside from current levels. In a report issued on February 7, JMP Securities also maintained a Buy rating on the stock with a $29.00 price target.
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Entegris (ENTG)
In a report released yesterday, John Roberts CFA from Mizuho Securities downgraded Entegris to Hold, with a price target of $140.00. The company’s shares closed last Friday at $136.81, close to its 52-week high of $140.10.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
Currently, the analyst consensus on Entegris is a Moderate Buy with an average price target of $145.38, representing a 7.1% upside. In a report issued on February 15, UBS also maintained a Hold rating on the stock with a $130.00 price target.
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