There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Sunrun (RUN – Research Report) and Block (SQ – Research Report) with bullish sentiments.
Sunrun (RUN)
Mizuho Securities analyst Maheep Mandloi reiterated a Buy rating on Sunrun on February 22 and set a price target of $28.00. The company’s shares closed last Friday at $11.90.
According to TipRanks.com, Mandloi has 0 stars on 0-5 stars ranking scale with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sunrun with a $21.13 average price target, a 70.3% upside from current levels. In a report issued on February 12, Guggenheim also maintained a Buy rating on the stock with a $33.00 price target.
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Block (SQ)
In a report issued on February 23, Dan Dolev from Mizuho Securities reiterated a Buy rating on Block, with a price target of $99.00. The company’s shares closed last Friday at $78.92, close to its 52-week high of $83.29.
According to TipRanks.com, Dolev is a 3-star analyst with an average return of
Currently, the analyst consensus on Block is a Strong Buy with an average price target of $89.89, implying a 12.6% upside from current levels. In a report issued on February 12, Oppenheimer also initiated coverage with a Buy rating on the stock.
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Read More on RUN:
- Sunnova Energy downgraded to Market Perform from Outperform at Northland
- 3 Best Stocks to Buy Now, 2/23/2024, According to Top Analysts
- Sunrun Inc. Announces Pricing of Offering of $475 Million of Convertible Senior Notes
- Sunrun price target raised to $20 from $18 at BMO Capital
- Sunrun price target lowered to $27 from $31 at Piper Sandler
