Analysts Offer Insights on Technology Companies: CS Disco (LAW), Snowflake (SNOW) and Universal Display (OLED)

Analysts have been eager to weigh in on the Technology sector with new ratings on CS Disco (LAW – Research Report), Snowflake (SNOW – Research Report) and Universal Display (OLED – Research Report).

CS Disco (LAW)

In a report released today, Arvind Ramnani from Piper Sandler maintained a Hold rating on CS Disco, with a price target of $7.50. The company’s shares closed last Thursday at $7.32.

According to TipRanks.com, Ramnani is a 2-star analyst with an average return of -0.1% and a 50.5% success rate. Ramnani covers the Technology sector, focusing on stocks such as Thoughtworks Holding, Epam Systems, and Dayforce Inc.

Currently, the analyst consensus on CS Disco is a Hold with an average price target of $9.38.

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Snowflake (SNOW)

In a report released today, Brad Reback from Stifel Nicolaus maintained a Buy rating on Snowflake, with a price target of $235.00. The company’s shares closed last Thursday at $225.62, close to its 52-week high of $237.72.

According to TipRanks.com, Reback is a 5-star analyst with an average return of 14.5% and a 59.3% success rate. Reback covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, ZeroFox Holdings, and Tenable Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Snowflake with a $224.29 average price target, representing a 0.1% upside. In a report issued on February 12, Evercore ISI also maintained a Buy rating on the stock with a $250.00 price target.

Universal Display (OLED)

Needham analyst James Ricchiuti reiterated a Buy rating on Universal Display today and set a price target of $198.00. The company’s shares closed last Thursday at $187.14, close to its 52-week high of $194.84.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 16.9% and a 58.6% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Teledyne Technologies, Benchmark Electronics, and Faro Technologies.

Currently, the analyst consensus on Universal Display is a Strong Buy with an average price target of $201.14, which is a 7.4% upside from current levels. In a report issued on February 20, Oppenheimer also maintained a Buy rating on the stock with a $210.00 price target.

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Read More on LAW:

• CS Disco CEO Awarded RSUs in Incentive Plan
• DISCO appoints Melanie Antoon as CCO, Karen Herckis as CHRO
• CS Disco price target raised to $8 from $6 at Jefferies