tiprankstipranks
Blurbs

Analysts Are Bullish on Top Technology Stocks: 3D Systems (DDD), GoDaddy (GDDY)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on 3D Systems (DDDResearch Report), GoDaddy (GDDYResearch Report) and Apple (AAPLResearch Report) with bullish sentiments.

3D Systems (DDD)

In a report released today, Jacob Stephan from Lake Street maintained a Buy rating on 3D Systems, with a price target of $6.00. The company’s shares closed last Monday at $3.73, close to its 52-week low of $3.32.

According to TipRanks.com, Stephan is a 3-star analyst with an average return of 3.1% and a 53.1% success rate. Stephan covers the Technology sector, focusing on stocks such as Priority Technology Holdings, Markforged Holding, and Research Solutions.

Currently, the analyst consensus on 3D Systems is a Moderate Buy with an average price target of $6.25, representing a 65.3% upside. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $8.25 price target.

See the top stocks recommended by analysts >>

GoDaddy (GDDY)

Seaport Global analyst Aaron Kessler maintained a Buy rating on GoDaddy today and set a price target of $138.00. The company’s shares closed last Monday at $133.57, close to its 52-week high of $135.43.

According to TipRanks.com, Kessler is a top 100 analyst with an average return of 18.6% and a 64.7% success rate. Kessler covers the Technology sector, focusing on stocks such as Uber Technologies, Squarespace, and Trade Desk.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for GoDaddy with a $143.33 average price target, representing a 6.8% upside. In a report issued on May 3, William Blair also maintained a Buy rating on the stock.

Apple (AAPL)

Bank of America Securities analyst Wamsi Mohan maintained a Buy rating on Apple today. The company’s shares closed last Monday at $186.28.

According to TipRanks.com, Mohan is a 5-star analyst with an average return of 10.8% and a 57.8% success rate. Mohan covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and DigitalOcean Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $203.44 average price target, representing a 9.7% upside. In a report issued on May 2, Melius Research also maintained a Buy rating on the stock with a $227.00 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 DDD:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles