Analysts have been eager to weigh in on the Technology sector with new ratings on SolarEdge Technologies (SEDG – Research Report), ZoomInfo Technologies (ZI – Research Report) and Confluent (CFLT – Research Report).
SolarEdge Technologies (SEDG)
In a report issued on May 10, Jordan Levy from Truist Financial maintained a Hold rating on SolarEdge Technologies, with a price target of $60.00. The company’s shares closed last Friday at $49.47, close to its 52-week low of $49.12.
According to TipRanks.com, Levy has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
SolarEdge Technologies has an analyst consensus of Hold, with a price target consensus of $71.38, a 34.1% upside from current levels. In a report issued on May 9, Northland Securities also downgraded the stock to Hold.
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ZoomInfo Technologies (ZI)
Truist Financial analyst Terry Tillman maintained a Hold rating on ZoomInfo Technologies on May 10 and set a price target of $16.00. The company’s shares closed last Friday at $12.76, close to its 52-week low of $11.67.
According to TipRanks.com, Tillman is a 5-star analyst with an average return of
Currently, the analyst consensus on ZoomInfo Technologies is a Hold with an average price target of $17.33, which is a 38.1% upside from current levels. In a report issued on May 8, Mizuho Securities also downgraded the stock to Hold with a $14.00 price target.
Confluent (CFLT)
Truist Financial analyst Miller Jump maintained a Buy rating on Confluent on May 10 and set a price target of $36.00. The company’s shares closed last Friday at $29.42.
According to TipRanks.com, Jump is a 4-star analyst with an average return of
Confluent has an analyst consensus of Strong Buy, with a price target consensus of $35.41, which is a 13.5% upside from current levels. In a report issued on May 8, Canaccord Genuity also upgraded the stock to Buy with a $35.00 price target.
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Read More on SEDG:
- SolarEdge price target lowered to $55 from $75 at Deutsche Bank
- SolarEdge price target lowered to $84 from $104 at Mizuho
- SolarEdge price target lowered to $44 from $54 at BofA
- Analyst Downgrade Sends SolarEdge (NASDAQ:SEDG) to Five-Year Low
- SolarEdge price target lowered to $56 from $73 at BMO Capital
