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Analysts Have Conflicting Sentiments on These Technology Companies: Braze (BRZE), PaySign (PAYS) and Sunny Optical Technology (Group) Co (OtherSNPTF)

Analysts have been eager to weigh in on the Technology sector with new ratings on Braze (BRZEResearch Report), PaySign (PAYSResearch Report) and Sunny Optical Technology (Group) Co (SNPTFResearch Report).

Braze (BRZE)

D.A. Davidson analyst Gil Luria maintained a Buy rating on Braze today and set a price target of $65.00. The company’s shares closed last Friday at $52.43.

According to TipRanks.com, Luria is a 5-star analyst with an average return of 21.8% and a 65.6% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Palantir Technologies, and ZoomInfo Technologies.

Currently, the analyst consensus on Braze is a Strong Buy with an average price target of $70.71, implying a 33.1% upside from current levels. In a report issued on March 22, Barclays also initiated coverage with a Buy rating on the stock with a $80.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

PaySign (PAYS)

In a report released today, Peter Heckmann from D.A. Davidson maintained a Buy rating on PaySign, with a price target of $4.00. The company’s shares closed last Friday at $3.29.

According to TipRanks.com, Heckmann is a 5-star analyst with an average return of 9.1% and a 62.2% success rate. Heckmann covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Clearwater Analytics Holdings, and SS&C Technologies Holdings.

Currently, the analyst consensus on PaySign is a Moderate Buy with an average price target of $4.00.

Sunny Optical Technology (Group) Co (SNPTF)

In a report released today, Nick Cheng from Jefferies downgraded Sunny Optical Technology (Group) Co to Hold, with a price target of HK$47.43. The company’s shares closed last Friday at $5.66, close to its 52-week low of $5.60.

According to TipRanks.com, Cheng is ranked #4851 out of 8763 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sunny Optical Technology (Group) Co with a $8.05 average price target, a 43.8% upside from current levels. In a report issued on March 21, Goldman Sachs also maintained a Hold rating on the stock with a HK$65.00 price target.

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