There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Uber Technologies (UBER – Research Report), Manhattan Associates (MANH – Research Report) and IMPINJ (PI – Research Report) with bullish sentiments.
Uber Technologies (UBER)
Loop Capital Markets analyst Rob Sanderson maintained a Buy rating on Uber Technologies today and set a price target of $83.00. The company’s shares closed last Wednesday at $66.62.
According to TipRanks.com, Sanderson is a 5-star analyst with an average return of
Currently, the analyst consensus on Uber Technologies is a Strong Buy with an average price target of $88.50, a 34.1% upside from current levels. In a report issued on May 8, Evercore ISI also reiterated a Buy rating on the stock with a $80.00 price target.
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Manhattan Associates (MANH)
In a report released today, Mark Schappel from Loop Capital Markets reiterated a Buy rating on Manhattan Associates, with a price target of $250.00. The company’s shares closed last Wednesday at $223.45.
According to TipRanks.com, Schappel is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Manhattan Associates with a $248.20 average price target, which is a 13.7% upside from current levels. In a report issued on May 14, Redburn Atlantic also initiated coverage with a Buy rating on the stock with a $260.00 price target.
IMPINJ (PI)
In a report released today, James Ricchiuti from Needham maintained a Buy rating on IMPINJ, with a price target of $195.00. The company’s shares closed last Wednesday at $174.87, close to its 52-week high of $175.21.
According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of
Currently, the analyst consensus on IMPINJ is a Strong Buy with an average price target of $163.67, representing a -3.5% downside. In a report issued on May 13, Jefferies also initiated coverage with a Buy rating on the stock with a $200.00 price target.
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