There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SoundThinking Inc (SSTI – Research Report) and Par Technology (PAR – Research Report) with bullish sentiments.
SoundThinking Inc (SSTI)
Lake Street analyst Jaeson Schmidt maintained a Buy rating on SoundThinking Inc today and set a price target of $21.00. The company’s shares closed last Friday at $16.95, close to its 52-week low of $14.39.
According to TipRanks.com, Schmidt is a 4-star analyst with an average return of
SoundThinking Inc has an analyst consensus of Strong Buy, with a price target consensus of $24.75, representing a 49.4% upside. In a report issued on February 14, Northland Securities also initiated coverage with a Buy rating on the stock with a $26.00 price target.
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Par Technology (PAR)
In a report released today, Eric Martinuzzi from Lake Street maintained a Buy rating on Par Technology, with a price target of $42.00. The company’s shares closed last Friday at $46.27, close to its 52-week high of $49.84.
According to TipRanks.com, Martinuzzi is a 4-star analyst with an average return of
Currently, the analyst consensus on Par Technology is a Moderate Buy with an average price target of $43.50, implying a -6.4% downside from current levels. In a report issued on February 22, Craig-Hallum also assigned a Buy rating to the stock.
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Read More on SSTI:
- SSTI Upcoming Earnings Report: What to Expect?
- 3 Best Stocks to Buy Now, 2/21/2024, According to Top Analysts
- SoundThinking Sets Fourth Quarter and Full Year 2023 Conference Call Date and Announces Investor Day
- SoundThinking price target lowered to $26 from $40 at Northland
- SoundThinking price target lowered to $21 from $25 at Lake Street
