There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SAP AG (SAP – Research Report) and AppLovin (APP – Research Report) with bullish sentiments.
SAP AG (SAP)
In a report released today, Frederic Boulan from Bank of America Securities maintained a Buy rating on SAP AG. The company’s shares closed last Tuesday at $185.39.
Boulan has an average return of
According to TipRanks.com, Boulan is ranked #2470 out of 8792 analysts.
Currently, the analyst consensus on SAP AG is a Moderate Buy with an average price target of $216.60, implying a 21.6% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $220.00 price target.
See the top stocks recommended by analysts >>
AppLovin (APP)
Bank of America Securities analyst Omar Dessouky maintained a Buy rating on AppLovin today. The company’s shares closed last Tuesday at $69.62, close to its 52-week high of $79.55.
According to TipRanks.com, Dessouky is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AppLovin with a $71.31 average price target, a 5.1% upside from current levels. In a report issued on April 8, Oppenheimer also maintained a Buy rating on the stock with a $85.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on SAP:
