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Analysts Are Bullish on Top Technology Stocks: Smart Global Holdings (SGH), HubSpot (HUBS)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Smart Global Holdings (SGHResearch Report) and HubSpot (HUBSResearch Report) with bullish sentiments.

Smart Global Holdings (SGH)

In a report released today, Brian Chin from Stifel Nicolaus maintained a Buy rating on Smart Global Holdings, with a price target of $26.00. The company’s shares closed last Friday at $25.75.

According to TipRanks.com, Chin is a 5-star analyst with an average return of 29.3% and a 72.4% success rate. Chin covers the Technology sector, focusing on stocks such as Applied Materials, Onto Innovation, and Ichor Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Smart Global Holdings with a $27.25 average price target, representing a 6.8% upside. In a report issued on April 2, Rosenblatt Securities also reiterated a Buy rating on the stock with a $35.00 price target.

See today’s best-performing stocks on TipRanks >>

HubSpot (HUBS)

In a report released today, J. Parker Lane from Stifel Nicolaus maintained a Buy rating on HubSpot, with a price target of $750.00. The company’s shares closed last Friday at $670.00, close to its 52-week high of $693.85.

According to TipRanks.com, Lane is a 1-star analyst with an average return of -2.9% and a 42.4% success rate. Lane covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and BigCommerce Holdings.

Currently, the analyst consensus on HubSpot is a Strong Buy with an average price target of $697.00, a 4.0% upside from current levels. In a report issued on April 4, Macquarie also maintained a Buy rating on the stock.

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