There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Copperleaf Tech (CPLFF – Research Report) and Array Technologies (ARRY – Research Report) with bullish sentiments.
Copperleaf Tech (CPLFF)
In a report released today, Paul Treiber from RBC Capital maintained a Buy rating on Copperleaf Tech, with a price target of C$10.00. The company’s shares closed last Thursday at $5.59.
According to TipRanks.com, Treiber is a 5-star analyst with an average return of
Copperleaf Tech has an analyst consensus of Strong Buy, with a price target consensus of $6.58, implying a 22.1% upside from current levels. In a report released yesterday, Canaccord Genuity also upgraded the stock to Buy with a C$10.00 price target.
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Array Technologies (ARRY)
Barclays analyst Christine Cho CFA maintained a Buy rating on Array Technologies today and set a price target of $18.00. The company’s shares closed last Thursday at $12.51, close to its 52-week low of $10.82.
According to TipRanks.com, CFA is ranked #5261 out of 8834 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Array Technologies with a $18.68 average price target, which is a 51.4% upside from current levels. In a report issued on April 29, Scotiabank also maintained a Buy rating on the stock with a $18.00 price target.
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Read More on CPLFF:
- Copperleaf Tech Reports Strong Q1 Growth
- Copperleaf Technologies price target raised to C$9 from C$8 at BMO Capital
- Copperleaf Technologies price target raised to C$7 from C$5.50 at Canaccord
- Copperleaf Technologies price target raised to C$8 from C$7 at RBC Capital
- Copperleaf Technologies price target raised to C$8 from C$7 at BMO Capital
