Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Docebo (DCBO – Research Report), Kenvue, Inc. (KVUE – Research Report) and Confluent (CFLT – Research Report).
Docebo (DCBO)
In a report released today, Kevin Krishnaratne from Scotiabank maintained a Buy rating on Docebo, with a price target of $50.00. The company’s shares closed last Monday at $36.26.
According to TipRanks.com, Krishnaratne is a 3-star analyst with an average return of
Currently, the analyst consensus on Docebo is a Strong Buy with an average price target of $58.51, which is a 61.0% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $60.00 price target.
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Kenvue, Inc. (KVUE)
Canaccord Genuity analyst Susan Anderson maintained a Buy rating on Kenvue, Inc. yesterday and set a price target of $25.00. The company’s shares closed last Monday at $20.36.
According to TipRanks.com, Anderson is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Kenvue, Inc. with a $21.40 average price target, a 5.4% upside from current levels. In a report issued on May 1, RBC Capital also maintained a Buy rating on the stock with a $24.00 price target.
Confluent (CFLT)
Scotiabank analyst Nick Altmann maintained a Hold rating on Confluent today and set a price target of $28.00. The company’s shares closed last Monday at $29.96.
According to TipRanks.com, Altmann is a 3-star analyst with an average return of
Confluent has an analyst consensus of Strong Buy, with a price target consensus of $35.41, implying a 19.4% upside from current levels. In a report issued on May 5, Citi also maintained a Hold rating on the stock with a $32.00 price target.
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