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Analysts’ Opinions Are Mixed on These Technology Stocks: JinkoSolar (JKS), Monday.com (MNDY) and Harmonic (HLIT)

Analysts have been eager to weigh in on the Technology sector with new ratings on JinkoSolar (JKSResearch Report), Monday.com (MNDYResearch Report) and Harmonic (HLITResearch Report).

JinkoSolar (JKS)

In a report released yesterday, Philip Shen from Roth MKM maintained a Hold rating on JinkoSolar, with a price target of $25.00. The company’s shares closed last Monday at $24.75, close to its 52-week low of $21.06.

According to TipRanks.com, Shen is a 4-star analyst with an average return of 6.9% and a 39.4% success rate. Shen covers the Technology sector, focusing on stocks such as Shoals Technologies Group, Maxeon Solar Technologies, and NEXTracker, Inc. Class A.

JinkoSolar has an analyst consensus of Hold, with a price target consensus of $30.18.

See today’s best-performing stocks on TipRanks >>

Monday.com (MNDY)

In a report released today, Scott Berg from Needham maintained a Buy rating on Monday.com, with a price target of $230.00. The company’s shares closed last Monday at $192.80.

According to TipRanks.com, Berg is ranked 0 out of 5 stars with an average return of -5.9% and a 39.9% success rate. Berg covers the Technology sector, focusing on stocks such as Klaviyo, Inc. Class A, BigCommerce Holdings, and Bill.com Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Monday.com with a $251.43 average price target, representing a 31.4% upside. In a report issued on April 18, J.P. Morgan also maintained a Buy rating on the stock.

Harmonic (HLIT)

Needham analyst Ryan Koontz reiterated a Buy rating on Harmonic today and set a price target of $18.00. The company’s shares closed last Monday at $9.40, close to its 52-week low of $8.80.

According to TipRanks.com, Koontz has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.9% and a 33.4% success rate. Koontz covers the Technology sector, focusing on stocks such as Zoom Video Communications, Viavi Solutions, and RingCentral.

Harmonic has an analyst consensus of Strong Buy, with a price target consensus of $15.33, a 64.1% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $14.00 price target.

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