There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Silicom (SILC – Research Report) and Five9 (FIVN – Research Report) with bullish sentiments.
Silicom (SILC)
In a report released today, Alex Henderson from Needham maintained a Buy rating on Silicom, with a price target of $20.00. The company’s shares closed last Thursday at $16.18, close to its 52-week low of $13.75.
According to TipRanks.com, Henderson is a 5-star analyst with an average return of
Currently, the analyst consensus on Silicom is a Moderate Buy with an average price target of $20.00.
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Five9 (FIVN)
In a report released today, Arjun Bhatia from William Blair maintained a Buy rating on Five9. The company’s shares closed last Thursday at $56.73, close to its 52-week low of $51.01.
According to TipRanks.com, Bhatia is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Five9 with a $85.55 average price target, representing a 45.5% upside. In a report issued on April 22, Canaccord Genuity also maintained a Buy rating on the stock with a $75.00 price target.
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