There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Shift4 Payments (FOUR – Research Report) and Gitlab (GTLB – Research Report) with bullish sentiments.
Shift4 Payments (FOUR)
RBC Capital analyst Daniel Perlin reiterated a Buy rating on Shift4 Payments yesterday and set a price target of $94.00. The company’s shares closed last Tuesday at $67.11.
According to TipRanks.com, Perlin is a 4-star analyst with an average return of
Currently, the analyst consensus on Shift4 Payments is a Strong Buy with an average price target of $93.18, representing a 44.9% upside. In a report issued on March 18, Goldman Sachs also maintained a Buy rating on the stock with a $91.00 price target.
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Gitlab (GTLB)
Bank of America Securities analyst Koji Ikeda maintained a Buy rating on Gitlab today and set a price target of $85.00. The company’s shares closed last Tuesday at $55.21.
According to TipRanks.com, Ikeda is a 5-star analyst with an average return of
Currently, the analyst consensus on Gitlab is a Strong Buy with an average price target of $73.35, which is a 35.2% upside from current levels. In a report issued on March 21, Canaccord Genuity also maintained a Buy rating on the stock with a $74.00 price target.
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Read More on FOUR:
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- Shift4 Payments pullback a buying opportunity, says Benchmark
