Analysts have been eager to weigh in on the Technology sector with new ratings on Fortinet (FTNT – Research Report), Instructure Holdings (INST – Research Report) and SolarEdge Technologies (SEDG – Research Report).
Fortinet (FTNT)
In a report issued on April 3, Gregg Moskowitz from Mizuho Securities maintained a Hold rating on Fortinet, with a price target of $70.00. The company’s shares closed last Friday at $70.91.
According to TipRanks.com, Moskowitz is a 5-star analyst with an average return of
Currently, the analyst consensus on Fortinet is a Hold with an average price target of $75.07, implying a 7.6% upside from current levels. In a report issued on April 3, Piper Sandler also maintained a Hold rating on the stock with a $75.00 price target.
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Instructure Holdings (INST)
In a report issued on April 4, Joseph Vruwink from Robert W. Baird maintained a Buy rating on Instructure Holdings, with a price target of $29.00. The company’s shares closed last Friday at $20.83, close to its 52-week low of $20.21.
According to TipRanks.com, Vruwink 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 Instructure Holdings with a $30.67 average price target.
SolarEdge Technologies (SEDG)
In a report issued on April 4, Maheep Mandloi from Mizuho Securities maintained a Buy rating on SolarEdge Technologies, with a price target of $106.00. The company’s shares closed last Friday at $66.69, close to its 52-week low of $60.44.
According to TipRanks.com, Mandloi ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on SolarEdge Technologies is a Hold with an average price target of $82.74, a 22.7% upside from current levels. In a report issued on April 5, Susquehanna also maintained a Buy rating on the stock with a $92.00 price target.
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