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Analysts’ Opinions Are Mixed on These Technology Stocks: Upland Software (UPLD) and indie Semiconductor (INDI)

Analysts have been eager to weigh in on the Technology sector with new ratings on Upland Software (UPLDResearch Report) and indie Semiconductor (INDIResearch Report).

Upland Software (UPLD)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Hold rating on Upland Software. The company’s shares closed last Thursday at $4.42.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 11.9% and a 52.1% success rate. Rhee covers the Technology sector, focusing on stocks such as BlackSky Technology, Alkami Technology, and Cellebrite DI.

Upland Software has an analyst consensus of Moderate Buy, with a price target consensus of $7.00, implying a 50.9% upside from current levels. In a report released today, Needham also maintained a Hold rating on the stock.

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

indie Semiconductor (INDI)

Craig-Hallum analyst Greg Palm reiterated a Buy rating on indie Semiconductor today. The company’s shares closed last Thursday at $6.89.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 9.7% and a 53.8% success rate. Palm covers the Technology sector, focusing on stocks such as Sportradar Group AG, SkyWater Technology, and Faro Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for indie Semiconductor with a $13.00 average price target, representing a 79.3% upside. In a report released today, KeyBanc also assigned a Buy rating to the stock with a $10.00 price target.

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