There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Amphenol (APH – Research Report), MongoDB (MDB – Research Report) and Instructure Holdings (INST – Research Report) with bullish sentiments.
Amphenol (APH)
Bank of America Securities analyst Wamsi Mohan reiterated a Buy rating on Amphenol today and set a price target of $144.00. The company’s shares closed last Thursday at $131.71, close to its 52-week high of $133.91.
According to TipRanks.com, Mohan is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amphenol with a $129.89 average price target.
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MongoDB (MDB)
Bank of America Securities analyst Bradley Sills reiterated a Buy rating on MongoDB today and set a price target of $470.00. The company’s shares closed last Thursday at $369.94.
According to TipRanks.com, Sills 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 $435.60, which is a 15.8% upside from current levels. In a report issued on May 2, Bernstein also maintained a Buy rating on the stock with a $491.00 price target.
Instructure Holdings (INST)
Needham analyst Ryan MacDonald maintained a Buy rating on Instructure Holdings today and set a price target of $32.00. The company’s shares closed last Thursday at $20.23, close to its 52-week low of $18.98.
According to TipRanks.com, MacDonald is a 4-star analyst with an average return of
Currently, the analyst consensus on Instructure Holdings is a Strong Buy with an average price target of $30.29, a 54.6% upside from current levels. In a report issued on May 8, Robert W. Baird also maintained a Buy rating on the stock with a $29.00 price target.
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