Analysts Offer Insights on Technology Companies: Sportradar Group AG (SRAD), Analog Devices (ADI) and Asure (ASUR)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Sportradar Group AG (SRAD – Research Report), Analog Devices (ADI – Research Report) and Asure (ASUR – Research Report) with bullish sentiments.

Sportradar Group AG (SRAD)

Craig-Hallum analyst Ryan Sigdahl assigned a Buy rating to Sportradar Group AG today. The company’s shares closed last Friday at $9.82.

According to TipRanks.com, Sigdahl is a 5-star analyst with an average return of 21.7% and a 52.9% success rate. Sigdahl covers the NA sector, focusing on stocks such as Solo Brands Inc Class A, Rush Street Interactive, and Inspired Entertainment.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sportradar Group AG with a $14.00 average price target.

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Analog Devices (ADI)

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 8.5% and a 52.0% success rate. Gerra covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Navitas Semiconductor.

Currently, the analyst consensus on Analog Devices is a Moderate Buy with an average price target of $211.28, implying a 9.4% upside from current levels. In a report issued on February 15, Oppenheimer also maintained a Buy rating on the stock with a $215.00 price target.

Asure (ASUR)

In a report released today, Jeff Van Rhee from Craig-Hallum assigned a Buy rating to Asure. The company’s shares closed last Friday at $9.95.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 12.0% and a 52.6% success rate. Rhee covers the Technology sector, focusing on stocks such as BlackSky Technology, Alkami Technology, and Upland Software.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Asure with a $14.00 average price target.

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Read More on SRAD:

• Sportradar Announces Automated Odds Recalculation Tool, Alpha Odds, Boosted Client Profits by Average of 10% in 2023
• Bet On It: Barstool eyes marketing partnership with DraftKings after lock-up
• Sportradar Announces Additional Strategic Actions to Streamline Organizational Structure and Drive Growth and Innovation
• Sportradar reaffirms 2023 revenue guidance EUR 870M-EUR 880M
• Sportradar CFO Gerard Griffin to depart