Companies in the Technology sector have received a lot of coverage today as analysts weigh in on ON24 (ONTF – Research Report), Bandwidth (BAND – Research Report) and MongoDB (MDB – Research Report).
ON24 (ONTF)
Canaccord Genuity analyst David Hynes maintained a Hold rating on ON24 today and set a price target of $9.00. The company’s shares closed last Tuesday at $6.76.
According to TipRanks.com, Hynes is a 5-star analyst with an average return of
Currently, the analyst consensus on ON24 is a Hold with an average price target of $8.50, implying a 23.5% upside from current levels. In a report released today, Needham also maintained a Hold rating on the stock.
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Bandwidth (BAND)
Canaccord Genuity analyst Michael Walkley maintained a Buy rating on Bandwidth yesterday and set a price target of $40.00. The company’s shares closed last Tuesday at $22.54, close to its 52-week high of $25.02.
According to TipRanks.com, Walkley is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bandwidth with a $28.60 average price target, a 28.0% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $36.00 price target.
MongoDB (MDB)
Canaccord Genuity analyst Kingsley Crane maintained a Buy rating on MongoDB today and set a price target of $435.00. The company’s shares closed last Tuesday at $355.31.
According to TipRanks.com, Crane is a 4-star analyst with an average return of
Currently, the analyst consensus on MongoDB is a Moderate Buy with an average price target of $434.17, implying a 21.7% upside from current levels. In a report issued on April 23, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $415.00 price target.
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