Analysts have been eager to weigh in on the Technology sector with new ratings on Gitlab (GTLB – Research Report), Palantir Technologies (PLTR – Research Report) and Ciena (CIEN – Research Report).
Gitlab (GTLB)
In a report released yesterday, Gray Powell from BTIG reiterated a Buy rating on Gitlab, with a price target of $71.00. The company’s shares closed last Monday at $74.47, close to its 52-week high of $78.53.
According to TipRanks.com, Powell is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Gitlab with a $75.25 average price target, implying a 0.5% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a $75.00 price target.
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Palantir Technologies (PLTR)
William Blair analyst Louie DiPalma maintained a Sell rating on Palantir Technologies today. The company’s shares closed last Monday at $24.04, close to its 52-week high of $25.69.
According to TipRanks.com, DiPalma is ranked #5882 out of 8764 analysts.
Currently, the analyst consensus on Palantir Technologies is a Hold with an average price target of $18.55.
Ciena (CIEN)
In a report released today, Samik Chatterjee from J.P. Morgan maintained a Buy rating on Ciena, with a price target of $67.00. The company’s shares closed last Monday at $62.48, close to its 52-week high of $63.24.
According to TipRanks.com, Chatterjee is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ciena with a $60.13 average price target, implying a -3.0% downside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $65.00 price target.
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- GTLB Earnings Report this Week: Is It a Buy, Ahead of Earnings?
